Bremworth LimitedNZX: BRW

Bremworth Says Estimated Total Consideration For Scheme Has Been Reduced

· Issued by Bremworth Limited

Bremworth NZX:BRW:

  • UPDATE ON SCHEME IMPLEMENTATION AGREEMENT

  • NOW EXPECTS TO DISTRIBUTE BETWEEN NZ$14 MILLION AND NZ$21 MILLION VIA CAPITAL RETURN

  • CURRENT DECISION DATE INDICATED BY NZCC IS 13 MARCH

  • BREMWORTH NOW EXPECTS TO DISTRIBUTE BETWEEN NZ$14 MILLION AND NZ$21 MILLION VIA CAPITAL RETURN

  • SCHEME CONSIDERATION REDUCED TO NZ$0.95-NZ$1.05 PER SHARE

  • ESTIMATED TOTAL CONSIDERATION FOR SCHEME HAS BEEN REDUCED TO A RANGE OF NZ$0.95 TO NZ$1.05 PER SHARE

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