AMP NZ Office Trust announces record date for Unit Purchase Plan
August 5, 2005
The Manager of the AMP NZ Office Trust (ANZO) has confirmed it is proceeding with the Unit Purchase Plan, part of the placement of 34.5 million units in December 2004 at $0.89 per unit and postponed earlier this year.
The Unit Purchase Plan (the Plan), will allow all unit-holders to further invest $5,000 at a price that is the lower of $0.89 (the placement price) or the prevailing market value as determined by the manager at the time of the Plan.
An offer letter for the Plan outlining the steps that need to be taken in order to participate will be sent to all unit-holders the week beginning 22 August, 2005. The record date is Friday, 19 August 2005 and the closing date for participation in the Plan is Wednesday, 21 September 2005.
Rob Lang, Executive Manager, said there was strong market support for ANZO. “The funds raised in the original placement, and now the Plan, further strengthen ANZO’s ability to pursue growth opportunities for the portfolio,”
ANZO is New Zealand’s largest listed investor in premium commercial office property. A unit trust listed on the New Zealand Exchange, ANZO currently owns 10 New Zealand office buildings with a total gross value of more than $842 million – Auckland’s PricewaterhouseCoopers Tower, ANZ Centre, IAG House and Quay Tower; and Wellington’s State Insurance Tower, Mobil on the Park, HP Tower, 125 The Terrace, No. 1 and 3 The Terrace and Pastoral House.
ANZO is managed by AMP Multiplex Management Limited.
Media enquiries:
Robert Lang
Executive Manager
AMP NZ Office Trust
Office: 04-494 2268
Mobile: 029-494 2268
Email: robert.lang@anzo.co.nz |