All existing WIL shareholders will be eligible to participate in a Priority Offer. The current intention is that eligible WIL shareholders and Tairāwhiti residents will be able to apply for shares online from 5-13 October.
The Priority Offer involves a pool of shares available for eligible investors (including existing WIL shareholders and Tairāwhiti residents) and if the Offer is over-subscribed and those purchasing shares have their allocation scaled back, Priority Offer participants will be scaled at a lesser rate to those in the rest of the Offer.
While dates are still subject to change, there is a second local roadshow planned for the week 5-9 October to provide application assistance to eligible WIL shareholders and Tairāwhiti residents who wish to participate in the Priority Offer to apply for shares in the IPO.
5/10/20 Mon Hinerupe, Te Araroa
6/10/20 Tue Hati Nati Cafe, Ruatorea
7/10/20 Wed Toko United Sports Club, Tokomaru Bay
8/10/20 Thu Tolaga Bay Inn, Uawa
9/10/20 Fri Te Poho o Rawiri Marae, Turanganui-a-Kiwa/Gisborne