Infratil Limited - Exemption Notice 2004
Infratil Limited is exempted from rule 15(b)(ii) and (iii) and rule 16(b)(ii) and (iii), and Utilico and its associates are exempted from rule 7(c), in respect of rule 15(b)(ii) and (iii), and rule 7(d), in respect of 16(b)(ii) and (iii), in relation to an increase in the number of voting securities to be held or controlled by Utilico and its associates on the exercise by Utilico and UBS Securities of Infratil warrants and the subsequent acquisition of Infratil shares by Utilico from UBS Securities pursuant to the UBS option agreements.
Utilico and its associates are exempted from rule 6(1) of the Code in respect Infratil’s buyback of a maximum of 10 000 000 of its own shares.