GWC secures commitments for $4 million of new capital
GOODWOOD CAPITAL LIMITED
Po Box 42 258
Orakei
Auckland 1745
2 December 2022
GWC secures commitments for $4 million of new capital
The directors of Goodwood Capital Limited (NZX: GWC) are delighted to advise that GWC has
secured binding commitments from wholesale investors to raise $4 million of new capital through
the issue of 80,000,000 new ordinary shares in GWC, at an issue price of $0.05 per share.
The new capital is to be settled in conjunction with the acquisition of WasteCo Holdings NZ
Limited (“WCO”). Accordingly, the subscription arrangements are conditional upon GWC
shareholders approving all of the resolutions tabled at the upcoming Special Meeting of
Shareholders.
The Special Meeting of Shareholders will be held at the offices of Link Market Services, Level 30,
PwC Tower, 15 Customs Street West, Auckland CBD on Monday, 5 December at 10:30 am.
Representatives from WCO will be presenting to the Special Meeting.
The GWC Board encourage all shareholders to either attend the Special Meeting in person, or to
cast their votes in respect of the proposed acquisition of WCO by lodging their Proxy Form with
GWC’s Share Registrar, Link Market Services, in accordance with the instructions on the Proxy
Form sent to all GWC shareholders.
ENDS
For further information on GWC and the acquisition transaction, please contact:
Sean Joyce
Chairman, Goodwood Capital Limited
email: sean@corporate-counsel.co.nz
mobile: 021 865 704
For further information on WasteCo, please contact:
Shane Edmond
Non-executive director, WasteCo Holdings NZ Limited
mobile: 021 995 519
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