Hellaby - Letter to Shareholders re Takeover Notice

News Release:4 October 2016

Hellaby Holdings Limited advises that it has sent a letter to shareholders in regards to the Bapcor takeover notice.

On Tuesday 27 September 2016, Hellaby received a takeover notice from Bapcor Finance Pty Limited.

The preliminary view of the independent directors is that the proposed offer is opportunistic and does not represent fair value for Hellaby.

The directors recommend that shareholders DO NOT sell their shares or enter into any commitment to accept the proposed offer, pending future communications from Hellaby.

Attached is a letter from the Hellaby board. Please click here to view.

For further information please contact

Alan Clarke
Managing Director & Chief Executive Officer
T +64 9 306 7406
M +64 21 368 818
E alan@hellabyholdings.co.nz

Steve Smith
Chairman
M +64 21 791 342

Hellaby Holdings Limited published this content on 04 October 2016 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 03 October 2016 20:42:09 UTC.

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