The New Zealand Wine Company Limited
Transaction Type: Company meeting (Allotment)
Allottee: Foley Family Wine Holdings New Zealand Limited
Independent Adviser(s): Simmons Corporate Finance (Rule 18)
Date of meeting: 14/08/2012
Foley Family Wine Holdings New Zealand Limited (Foley Holdings) held all the shares in Foley Family Wines NZ Limited (Foley Family Wines).
Foley Holdings entered an agreement with The New Zealand Wine Company Limited (NZ Wine) to merge the businesses of Foley Family Wines and NZ Wine. Under the proposed merger, Foley Holdings would sell all of its shares in Foley Family Wines to NZ Wine, and NZ Wine allotting shares in NZ Wine to Foley Holdings as consideration.
Following the allotment, Foley Holdings would hold or control 77.5% of the shares in NZ Wine.
The allotment was approved at a meeting of shareholders on 14 August 2012.
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