Infratil approves acquisition on behalf of Morrison & Co
Infratil advises that it has approved the on-market acquisition of up to $40 million of Infratil shares on behalf of Morrison & Co. The shares will be acquired on market pursuant to a fixed trading plan.
Approval for the acquisition was obtained by Morrison & Co in accordance with Infratil’s Financial Product Trading Policy.
The Infratil board approved a similar fixed trading plan in favour of Morrison & Co in February 2022 which was also for $40 million and was completed in May 2022.
Alison Gerry, Infratil’s Chair, said that “the further acquisition of shares by Morrison & Co is a vote of confidence in Infratil’s continued performance”.
Any media enquiries should be directed to:
David Lewis, Thompson Lewis, +64 21 976 119
Any investor enquiries should be directed to:
Mark Flesher, Investor Relations, Infratil Limited