This notice is given under NZX Listing Rule 3.13.1 and s.65(2) of the Companies Act 1993, and relates to the acquisition of ordinary shares in Chorus Limited under the on-market share buyback programme announced by Chorus to the market on 20 February 2023.
Section 1: Issuer information
Name of issuer
Chorus Limited
NZX ticker code
CNU
Class of financial product
Ordinary Shares
ISIN (If unknown, check on NZX website)
NZCNUE0001S2
Section 2: Capital change details
Number issued/acquired/redeemed
137,703
Nominal value (if any)
N/A
Issue/acquisition/redemption price per security
NZD $7.9424 (average) in
respect of 84,945 ordinary
shares acquired on NZX
AUD $7.4151 (average) in
respect of 52,758 ordinary
shares acquired on ASX
Nature of the payment (for example, cash or other
Cash
consideration)
Amount paid up (if not in full)
Paid in full
Percentage of total class of Financial Products
0.0312%
issued/acquired/redeemed/ (calculated on the number of
Financial Products of the Class, excluding any Treasury Stock,
in existence)
For an issue of Convertible Financial Products or Options, the
N/A
principal terms of Conversion (for example the Conversion
price and Conversion date and the ranking of the Financial
Product in relation to other Classes of Financial Product) or the
Option (for example, the exercise price and exercise date)
Reason for issue/acquisition/redemption and specific authority
Acquisition under Board
for issue/acquisition/redemption/ (the reason for change must
approved buyback programme
be identified here)
announced on 20 February
2023
Total number of Financial Products of the Class after the
Stock) and the total number of Financial Products of the Class
None held as treasury stock
held as Treasury Stock after the issue/acquisition/redemption.
In the case of an acquisition of shares, whether those shares
No
are to be held as treasury stock
Specific authority for the issue, acquisition, or redemption,
Board resolutions dated 18
including a reference to the rule pursuant to which the issue,
February 2022 and 17
acquisition, or redemption is made
February 2023
NZX Listing Rule 4.14.1(a)
Terms or details of the issue, acquisition, or redemption (for
Shares acquired will be
example: restrictions, escrow arrangements)
cancelled
Date of acquisition
20/03/2023
Section 3: Authority for this announcement and contact person
Name of person authorised to make this announcement
Andrew Carroll
Chief Financial Officer
Contact person for this announcement
Brett Jackson
Investor Relations Manager
Contact phone number
+64 4 896 4039
+64 27 488 7808
Contact email address
Brett.Jackson@chorus.co.nz
Date of release through MAP
21/03/2023
The identity of the seller or sellers (and the beneficial owner or owners) of the Chorus ordinary shares is not known to Chorus.
Attachments
Original Link
Original Document
Permalink
Disclaimer
Chorus Limited published this content on 21 March 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 20 March 2023 19:36:02 UTC.
Chorus Limited is a New Zealand-based fixed line communications infrastructure business. The Company maintains and builds a network predominantly made up of fiber and copper cables, local telephone exchanges and cabinets. The Companyâs product portfolio encompasses a range of wholesale broadband, data and voice services across a mix of regulated and commercial products. Its products include fiber broadband, copper-based broadband, fiber premium (point-to-point), copper-based voice, field services products, value-added network services, infrastructure, data services over copper and others. The Company works with phone and broadband providers to keep New Zealanders connected through a range of products and services. It has one wholly owned Subsidiary, Chorus New Zealand Limited (CNZL).
CHORUS LIMITED 
