HomeInfratil News2004Infratil Buyback of 1.5m Ordinary Shares

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Infratil Buyback of 1.5m Ordinary Shares

19 Aug 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: 1,500,000

Acquisition Price: $3.10

Payment: In cash

Amount paid up: Fully paid ordinary shares

Percentage of the total class of securities issued (after the acquisition): 0.67%

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: 225,460,174.

Date acquired: 18 August 2004

Treasury stock: Shares acquired will be held as treasury stock.

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