DNZ Offers Share Sale Service

DNZ Property Fund Limited today sent a letter to New Zealand resident shareholders who hold 15,000 DNZ shares or less offering to facilitate the sale of their shares on the NZSX on a nil commission basis.

Tim Storey, Chairman of DNZ said "Not only will this facility assist a number of our smaller shareholders to easily sell their shares at no cost, it will  also reduce the number of small uneconomic shareholdings and therefore  provide cost savings to the Company through reduced administration costs."  

 The service will run from 30 January 2012 to 23 February 2012.  

 The current on-market buyback of DNZ shares will be suspended for the  duration of this share sale service

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