24 Sep 2004
Infratil Limited advises that it has acquired its own securities. The following information is provided in accordance with Listing Rule 7.12:
Class of security: Ordinary Shares
Number of ordinary shares acquired: 250,000
Acquisition Price (average): $3.10
Payment: In cash
Amount paid up: Fully paid ordinary shares
Percentage of the total class of securities issued (after the acquisition): 0.11%
Reason for the acquisition: Considered by the Directors to be in the best interests of the Company and shareholders.
Specific authority for the acquisition: Shareholder approval dated 24 March 2004 & Board resolution dated 17 August 2004.
Total number of ordinary shares in existence after the acquisition and after deduction of Treasury Stock: 220,109,969
Date acquired: 24 September 2004
Treasury stock: Shares acquired will be held as treasury stock.
© Copyright Infratil