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Wool Partners amends terms of raising capital
06 Jan '11
3 min read
• Premiums offered to growers to supply wool for LaneveTM contracts.
• Updated director profiles.
• Revised offer costs.
The prospectus is based upon and will proceed when the commitment to purchase 65 million shares representing 65 million kilograms of greasy wool has been received. However, at the request of growers the directors have retained the right to consider proceeding at a lesser figure. That figure in any event will not be less than 55 million shares.
“Growers committed in principle to a grower-owned co-operative but who have not subscribed need to make that application now.The opportunity to do so may never arise again,” Mr Grant says.
Copies of an amended prospectus are being mailed to all growers. The details of the amendments, the full prospectus and investment statement and an application form are also available at our website or can be requested by telephoning 0800 946 000.
• Updated director profiles.
• Revised offer costs.
The prospectus is based upon and will proceed when the commitment to purchase 65 million shares representing 65 million kilograms of greasy wool has been received. However, at the request of growers the directors have retained the right to consider proceeding at a lesser figure. That figure in any event will not be less than 55 million shares.
“Growers committed in principle to a grower-owned co-operative but who have not subscribed need to make that application now.The opportunity to do so may never arise again,” Mr Grant says.
Copies of an amended prospectus are being mailed to all growers. The details of the amendments, the full prospectus and investment statement and an application form are also available at our website or can be requested by telephoning 0800 946 000.
Wool Partners Co-operative Limited
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