Silver Fern Farms Co-operative media release –
‘Redemption Of Supplier investment shares’
Dunedin Monday 12 December 2016: Following completion of Shanghai Maling Aquarius Co., Ltd’s investment in Silver Fern Farms Limited and the
distribution to the Co-operative of $57million from that process, the Board of the Co-operative has resolved to progress
the redemption of the 5,371,732 Supplier Investment Shares issued by the Co-operative.
The Board’s intention to effect this redemption was referred to in the materials provided to shareholders calling the
Special Meetings held on 16 October 2015 and 12 August 2016.
Following the redemption of the Supplier Investment Shares Silver Fern Farms Co-operative will have two share classes
remaining, with holders of ordinary and rebate shares retaining their current shares. Ordinary shares are tradable on
the Unlisted exchange.
Notices to shareholders holding Supplier Investment Shares have today been sent advising that their Supplier Investment
Shares will be surrendered to the Co-operative and then redeemed and cancelled with effect on Friday 13 January 2017.
Shareholders can check their holding details currently held by the Company’s share registry, Link Market Services
Limited at https://investorcentre., though they do not need to take any action in order to surrender their Supplier Investment Shares to receive the
redemption payment. The Co-operative will pay $1 for each Supplier Investment Share cancelled. Payment is expected to be
made on Friday 13 January 2017.
ENDS