Windflow Share Offer Extension

Wednesday, 29 August 2001, 11:38 am
Press Release: Windflow Technology

The Companies Office has now confirmed approval of the time extension sought by Windflow Technology Ltd. The Stage 1 share offer will now close "September 28th or such earlier date as the Directors nominate."

Subscriptions as of August 10th stood at nearly $2.2 million, which exceeds the minimum required for the share allocation to proceed. The offer has been extended in order to raise the maximum $3 million, but the Directors may close early. In particular the offer may close as soon as it is filled, but no later than September 28th.

The application form in the hard copy of the July 9th offer documents is still valid and may be used notwithstanding the printed closing date of August 10th. The amended documents are available on our web-site: http://www.windflow.co.nz/shareoffering

Ends

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