Warning on Unsolicited Offers from Washington Securities Pty Limited
Posted 18th July 2013
Heartland New Zealand Limited (HNZ) has received a new notice from Washington Securities that it intends to make unsolicited offers to purchase HNZ shares from certain HNZ shareholders for $0.55 per share. The price offered by Washington is substantially below current market value (which was $0.87 at the close of trading on Wednesday 17 July 2013).