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7/5/2018 — General
FBU’s final share timetable

New Zealand’s largest construction company Fletcher Building Ltd (NZX & ASX: FBU) has had to undertake a major capital raising following some disastrous major contracts.

In its quest to raise $NZ750 million in new equity, the company on Friday said the retail side of this raising will close this Thursday for both New Zealand and Australian shareholders.

Shareholders are entitled to take up one new share for every existing 4.46 fully paid shares already held, and the offer price is $NZ4.80 or $A4.51.

To participate, shareholders must pay for their shares at the closing time on Thursday of 7 pm NZ time.

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