Partners Group Holdings Limited
Transaction Type: Company meeting (Allotment)
Allottee: MCAF PLL Nominee Limited
Independent Adviser(s): KordaMentha (Rule 18)
Date of meeting: 16/09/2015
Partners Group Holdings Limited (PGH) proposed to undertake a capital raising by an allotment of shares to MCAF PLL Nominee Limited (MCAF).
PGH sought approval from its shareholders to allot 2,307,692 ordinary shares to MCAF which would result in MCAF holding up to 21.36% of the voting rights in PGH.
The purpose of the capital raising was to assist PGH to continue its growth trajectory, meet the solvency requirements of the Reserve Bank of New Zealand and PGH’s reinsurer.
At the annual meeting of shareholders held on 16 September 2015, PGH’s non-associated shareholders approved the allotments to MCAF.
We have not received consent to publish other documents in relation to this transaction on our website. However, copies of these documents are available upon request to the Panel under the Official Information Act 1982. Please send your written Official Information requests to takeovers.panel@takeovers.govt.nz
