16 Nov 2016 9:05am
Infratil Limited advises that it has acquired its own securities. The following information is provided in accordance with Listing Rules 7.12
Class of security: Ordinary Shares
Number of Ordinary Shares acquired: 750,000
Acquisition price (average): $2.76
Date acquired: 15 November 2016
Payment: In cash
Amount paid up: Fully paid up Ordinary Shares
Percentage of the total class of securities issued (after the acquisition): 0.13%
Reason for the acquisition: Considered by the Directors to be in the best interests of the Company and shareholders.
Specific authority for the acquisition: Buyback to be carried out pursuant to Infratil's continuing Share Buyback Programme outlined in its 2016 Notice of Meeting.
Total number of Ordinary Shares in existence after the acquisition: 566,825,645
Total number of Ordinary Shares in existence after acquisition and after deduction of Treasury Stock: 561,575,645
Treasury stock: Shares acquired will be held as treasury stock
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