A2 Corporation Limited (NZAX:ATM) (A2C) is delighted to announce that completion of the A2 Dairy Products transaction has now occurred.
The board of A2C warmly welcomes Freedom Nutritional Products Limited (ASX:FNP) (FNP) as a new cornerstone shareholder of A2C, together with the appointment of Geoffrey Babidge and Melvyn Miles as non executive directors of A2C and Perry Gunner as the deputy chairman of the A2C board.
As announced previously, under the A2 Dairy Products transaction:
· A2C purchased from FNP the 50% interest in A2 Dairy Products it did not already own, such that the A2C now owns 100% of the shares in A2 Dairy Products.
· As consideration for the acquisition of the A2 Dairy Products shares, A2C issued FNP:
For further information, please contact:
|Richard Le Grice, Director
+64 27 472 2145
|David Mair, Director
+64 21 708 021