The a2 Milk Company Limited (a2MC) advises that Freedom Foods Group Limited (Freedom Foods) has announced today that it has sold 42.5 million shares in ATM at a price of NZ$0.73 per share in an on-market trade.
The announcement also confirms that Freedom Foods retains a holding of 75.2 million shares in a2MC, and that Freedom Foods’ current intention is to maintain a strategic stake in a2MC, while continuing to provide a2MC with production capabilities and milk supply through its group and associated entities.
A copy of the announcement from Freedom Foods is attached.
The a2 Milk Company Limited
+61 2 9697 7000