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Rights Offer Document

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Rights Offer Document

Arvida Group Limited (NZX:ARV) has provided a copy of the rights offer document, for the rights offer which will open on Wednesday, 27 October 2021.

The approximately $175 million capital raise is by way of a fully underwritten pro rata 1 for 6.57 renounceable rights issue at $1.85 per new share, and shortfall bookbuild, that was announced to the market on 15 October 2021.

Eligible Shareholders will have until 5.00 pm (NZ Time) on 8 November 2021 to subscribe for new shares.

Applications can be made from 27 October 2021 (together with payment) online at

The rights will not be tradeable on the NZX Main Board. Instead, any rights not taken up, or attributable to ineligible shareholders, will be offered to investors through a bookbuild process.

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