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F and P Board Says Take No Action at This Stage
Fisher & Paykel Appliances Holdings Limited
FPA Stock Exchange Release ASX/NZX 26 September 2012
FPA
RECEIVES NOTICE OF DESPATCH OF OFFER DOCUMENT FROM HAIER AND
ADVISES SHAREHOLDERS TO TAKE NO ACTION AT THIS
STAGE
Fisher & Paykel
Appliances Holdings Limited has today received a notice of
despatch of offer document from Haier New Zealand Investment
Holding Company Limited, a wholly-owned subsidiary of
FPA’s 20% shareholder, Haier (Singapore) Management
Holding Co. Pte Limited. A copy of the Notice and Offer
Document is attached.
Your Independent Board of Fisher & Paykel Appliances confirms its advice set out in its letter to shareholders earlier this week:
Take no action
in relation to this offer at this
stage.
In around 14 days,
Fisher & Paykel Appliances will send you the Company’s
response to Haier’s offer (in the form of a Target Company
Statement). This should be sent to you around 10 October
2012.
Important information will be contained in this Target Company Statement that you should consider before you decide what to do in relation to Haier’s offer. It will include an Independent Report on the merits of the offer. This is being prepared by Grant Samuel, Independent Expert Advisors, retained to prepare this report for Shareholders.
ends
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