QUOTATION NOTICE: NZX MAIN BOARD
TOWER LIMITED - RENOUNCEABLE RIGHTS (“TWRRC”)
Company: Tower Limited (“TWR”)
Tradeable Rights Code: TWRRC
ISIN: NZTWRE0009S6
Details of Offer: An underwritten pro rata renounceable rights offer of 1 New Share for every 1 Existing Share held on the Record Date.
Ratio (New : Existing): 1 : 1
Exercise Price: NZD $0.42 per New Share
Issue Price Payable: In full on application
Ex Rights Date: Tuesday, 21 November 2017
Rights Commence Trading: Tuesday, 21 November 2017
Record Date: 7:00pm Wednesday, 22 November 2017
Letters of Entitlement sent to Shareholders: By Monday, 27 November 2017
Offer Opens: Tuesday, 21 November 2017
Offer Closes: 7:00pm Wednesday, 13 December 2017
Rights Quotation Ceases: Thursday, 7 December 2017
Allotment of New Shares: Wednesday, 20 December 2017
Registrar: Computershare Investor Services Limited (“RMLT”)
Settlement Status: NZCDC Settlement System
Commencement of Trading of New Shares: Wednesday, 20 December 2017
Mark Peterson
Chief Executive Officer
NZX Limited
15 November 2017