a

Class of security

Ordinary shares.

 

ISIN

NZDILE0001S9

b

Number issued

43,075

c

Nominal value

N/A

 

Issue price

The ordinary shares were issued as scrip consideration pursuant to FFW’s acquisition notice dated 8 July 2014 (the Compulsory Acquisition Notice) for the compulsory acquisition of the remaining shares in Martinborough Vineyard Estates Limited (MVEL) not acquired under its full takeover offer in respect of MVEL dated 26 May 2014, at a ratio of 1 FFW ordinary share for every 27.95 MVEL ordinary shares based on $1.40 per share (being the value used for the purposes of the MVEL takeover).

d

Payment in cash

Shares issued in exchange for MVEL shares.

e

Amount paid up

Fully paid up ordinary shares.

f

Percentage of class of securities

0.083% of the ordinary shares on issue prior to the allotment and 0.082% of the ordinary shares on issue after the allotment.

g

Reason for issue

Issue of ordinary shares pursuant to the Compulsory Acquisition Notice in respect of transfer forms received from 24 July 2014 to 29 July 2014 and the transfer form completed by FFW on behalf of the remaining MVEL shareholders who did not return transfer forms.

h

Authority for issue

Resolution of the board, dated 11 July 2014.

i

Details of the issue

N/A

j

Total number of securities of the class in existence after the issue

52,222,534

k

Treasury stock

N/A

l

Date of issue

31 July 2014.