Hastings Funds Management Limited ABN 27 058 693 388
AFSL No. 238309
Level 27, 35 Collins Street Melbourne VIC 3000 Australia T +61 3 8650 3600
F +61 3 8650 3701
www.hfm.com.au
Melbourne, London, New York, Sydney
ASX AnnouncementHastings Diversified Utilities Fund (HDF) Total pages: 3
11 September 2012
APA extends its offer period to 25 September 2012
Hastings Funds Management Limited (HFML), as Responsible
Entity for HDF, notes the announcement by the APA Group (APA)
advising that it has extended the offer period for its
increased bid for all of the HDF Securities it does not own
to 7:00pm (AEST) on 25 September 2012.
Please find attached a copy of APA's announcement.
For further enquiries, please contact the HDF Information
Line on 1800 815 610 (toll-free in Australia) or
+612 8256 3357 (outside Australia).
For further enquiries, please contact:
Colin Atkin
Chief Executive Officer
Hastings Diversified Utilities Fund
Tel: +61 3 8650 3600
Fax: +61 3 8650 3701
Email: investor_relations@hfm.com.au
Website: www.hfm.com.au
Jane Frawley
Company Secretary
Hastings Funds Management Limited
Simon Ondaatje
Head of Investor Relations
Hastings Funds Management
Tel: +61 3 8650 3600
Fax: +61 3 8650 3701
Email: investor_relations@hfm.com.au
Website: www.hfm.com.au
Unless otherwise stated, the information contained in this document is for informational purposes only. It does not constitute an offer of securities and should not be relied upon as financial advice. The information has been prepared without taking into account the investment objectives, financial situation or particular needs of any particular person or entity. Before making an investment decision you should consider, with or without the assistance of a financial adviser, whether any investments are appropriate in light of your particular investment needs, objectives and financial circumstances. Neither Hastings, nor any of its related parties including Westpac Banking Corporation ABN 33 007 457 141, guarantees the repayment of capital or performance of any of the entities referred to in this document and past performance is no guarantee of future performance. Hastings, as the Manager or Trustee of various funds, is entitled to receive management and performance fees.
10 September 2012
The Manager
Company Announcements Office
Australian Securities Exchange
4th Floor, 20 Bridge Street
Sydney NSW 2000
Electronic LodgementDear Sir/Madam
APT Pipelines Limited - Takeover bid for Hastings Diversified Utilities Fund ("Offer") - Notice of variation extending offer periodIn accordance with section 650D of the Corporations Act, please find attached a notice of variation that extends the offer period.
This document relates to APT Pipelines Limited's bidder's statement dated 15 December 2011 (as supplemented) for all the stapled securities in Hastings Diversified Utilities Fund (each stapled security comprising one unit in each of HDUF Epic Trust (ARSN 109 770 961), HDUF Finance Trust (ARSN 109 770 765), and HDUF Further Investments Trust (ARSN 109 897 921)).
A copy of the notice of variation has been lodged with ASIC and will be given to Hastings Diversified Utilities Fund. The notice of variation will also be sent to each of the HDUF Securityholders.
Yours faithfully
Mark Knapman Company Secretary APT PIPELINES LIMITED (ABN 89 009 666 700) (A COMPANY WHOLLY OWNED BY AUSTRALIAN PIPELINE TRUST (ARSN 091 678 778)) ("BIDDER") NOTICE OF VARIATION EXTENDING OFFER PERIOD TO: Hastings Funds Management Limited (ABN 27 058 693 388) in its capacity as responsible entity of the Hastings
Diversified Utilities Fund
Australian Securities and Investments Commission ("ASIC") ASX
Limited ("ASX")
Each person to whom an Offer was made
The Bidder gives notice under section 650D of the
Corporations Act that it varies the Offer by extending the
Offer Period so as to change the close of the Offer Period
from 7:00pm (Sydney time) on 18 September 2012 to 7:00pm
(Sydney time) on 25
September 2012 (unless further extended or withdrawn).
The Offer Period of the Offer was previously varied by
notices dated 19 March 2012, 19 April 2012, 15 May 2012, 20
July 2012 and 27 August 2012.
As this variation (combined with the previous notices)
results in the Bidder varying the Offer in a way that
postpones for more than 1 month the time when the Bidder has
to meet its obligations under the bid, each person to whom
the Bidder has made an Offer and who has accepted the Offer
before the date of this notice, has the right to withdraw
their acceptan ce within one month beginning on the day after
the day on which this notice was received, in accordance with
section 650E of the Corporations Act.
Any notice by a person withdrawing its acceptance of the
Offer under section 650E of the Corporations Act mu st:
a) if the securities are in a CHESS Holding, be in the form
of a Valid Originating Message transmitted to ASX Settlement
by the Controlling Participant for that CHESS Holding,
specifying the number of stapled securities to be released
from the Offer Accepted Subposition in which the relevant
stapled securities have been reserved; or
b) in any other case, be in writing.
If a person withdraws an acceptance in this manner, the
Bidder must, before the end of 14 days after the day it is
given the withdrawal notice:
a) return to the person any documents that were sent by the
person to the Bidder with the acceptance of the Offer; and b)
if the stapled securities are in a CHESS Holding, Transmit to
ASX Settlement a Valid Message that authorises the
release of those stapled securities from the Offer Accepted
Subposition in which the CHESS Holding has been
reserved.
The new date for giving notice under section 630 of the
Corporations Act of the status of the conditions set out in
Section 1 0 of
the bidder's statement dated 15 December 2011 ("Bidder's
Statement") is 18 September 2012.
Unless the context requires otherwise, defined terms in the
Bidder's Statement (as supplemented) and in the ASX
Settlement
Operating Rules have the same meaning in this notice.
A copy of this notice was lodged with ASIC on 10 September
2012. ASIC takes no responsibility for the contents of this
notice. This notice is dated 10 September 2012.
Signed on behalf of APT Pipelines Limited (ABN 89 009 666 700).
Leonard Bleasel AM Director | Michael McCormack Director |
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