7 April 2016
630 Kaikorai Valley Road
Private Bag 1960
Level 1, NZX Centre
11 Cable Street
Notice that takeover offer is unconditional
On 20 August 2015, Scott Technology Limited (Scott) announced to the market that it intended to enter into a scheme of arrangement with JBS Australia Pty Ltd (JBS). The documents relating to the scheme were sent to shareholders on 30 October 2015 and announced to the market on that day.
The Scheme of Arrangement has been approved by shareholders on 26 November 2015 and the Overseas Investment Office on 30 March 2016. Further, the High Court has issued final orders making the scheme binding on 6 April 2016.
Further to clause 5.1 of its Offer Document dated 20 October 2015, JBS therefore gives notice to Scott and NZX Limited that it declares that Offer unconditional.
The implementation date for the scheme will be 14 April 2016.