Memorandum
To: Market Participants
From: NZX Product Operations
Date: 12 January 2018
Subject: Rollover of Fletcher Building Industries Limited Capital Notes (“FBI110”)
Message:
Please be advised of the following information relating to the rollover of the Fletcher Building Industries Limited March 2018 Capital Notes (“FBI110”).
The Election Date for FBI110 is Thursday, 15 March 2018 and the Election Record Date is 5pm, Thursday, 25 January 2018.
Accordingly, trading in FBI110 will be halted and suspended at close of business on Tuesday, 23 January 2018.
For those who elect to retain their Capital Notes on the new terms, quotation of the new FBI170 Notes will commence on Friday, 16 March 2018, being the business day immediately following the Election Date.
The new terms and details of FBI170 will be provided in a Quotation Notice, which will be released to market at such time as the information is available.
A timetable of events is attached.
Please contact NZX Product Operations on +64 4 496 2853 or email cds@nzx.com with any queries.
ENDS