Share Sale Facility Documentation

Transcription

1 Share Sale Facility Documentation Document No: Document part: A G ASX-SIGNAL- LETTER TO SHAREHOLDERS OPPORTUNITY TO SELL YOUR ENTIRE SHAREHOLDING FREE OF BROKERAGE NRMA Insurance Group Limited ("NIGL") is offering a convenient way for you to sell all of your NIGL shares, free of brokerage, if you wish to do so. We have established a share sale facility ("Facility") for shareholders who, like you, held 1,000 or less shares on 12 October 2001 ("Facility Record Date"). The Facility is scheduled to open from 17 October 2001 to 30 November Participation in the Facility is entirely voluntary. Enclosed with this letter are: * a Sale Instruction Form; * a Share Sale Facility booklet containing the Additional Information and the Terms and Conditions of the Facility; and * a reply paid envelope. WHAT YOU NEED TO DO If you would like to sell your entire NIGL shareholding through the Facility, please complete the enclosed Sale Instruction Form and return it in the reply paid envelope provided. You cannot sell part of your NIGL shareholding in the Facility. If you do not want to sell all of your shares, do not return the Sale Instruction Form. If you choose to return your Sale Instruction Form, you cannot later withdraw it. Sale Instruction Form must be received prior to 5.00pm (Sydney time) on 30 November If you participate in the Facility, it is anticipated that the cheque for your sale proceeds will be sent to you within approximately 7-8 business days after your valid Sale Instruction Form is processed. KEY DATES There are a number of key dates which you should consider before participating in the Facility. These are: 17 October 2001 Facility opens 2 November 2001 Annual general meeting of NIGL

2 30 November 2001 Facility closes (subject to NIGL's discretion to extend the Facility) THIS IS IMPORTANT. Please read the Additional Information and Terms and Conditions carefully. NIGL does not make any recommendation to you regarding whether to participate in the Facility. If you wish to sell your shares, there are advantages in participating in the Facility compared to using a broker and vice versa. These are set out in the Additional Information. If you are in any doubt about whether to participate, please consult your legal, financial or taxation adviser. Any queries you have with regard to how the Facility works should be directed to the Share Sale Facility Information Line on Responses to Frequently Asked Questions will be available on the NIGL website at from 17 October J Strong CHAIRMAN MORE TO FOLLOW

3 Share Sale Facility Documentation Document No: Document part: B G ASX-SIGNAL- LETTER TO SHAREHOLDERS OPPORTUNITY TO SELL YOUR ENTIRE SHAREHOLDING FREE OF BROKERAGE NRMA Insurance Group Limited ("NIGL") is offering a convenient way for you to sell all of your NIGL shares, free of brokerage, if you wish to do so. We have established a share sale facility ("Facility") for shareholders who, like you, held 1,000 or less shares on 12 October 2001 ("Facility Record Date"). The Facility is scheduled to open from 17 October 2001 to 30 November Participation in the Facility is entirely voluntary. Enclosed with this letter are: * a Sale Instruction Form; * a Share Sale Facility booklet containing the Additional Information and the Terms and Conditions of the Facility. WHAT YOU NEED TO DO If you would like to sell your entire shareholding through the Facility, you must complete the enclosed Sale Instruction Form and send it to your broker for stamping. Your broker will then forward it to NIGL's share registry. NIGL's share registry will not process your Sale Instruction Form unless it has been stamped by your broker. You cannot sell part of your NIGL shareholding in the Facility. If you do not want to sell all of your shares, do not return the Sale Instruction Form. If you choose to return your Sale Instruction Form, you cannot later withdraw it. Sale Instruction Forms must be received prior to 5.00 pm (Sydney time) on 30 November You should contact your broker in sufficient time to enable them to stamp and forward your Sale Instruction Form before this deadline. If you participate in the Facility, it is anticipated that the cheque for your sale proceeds will be sent to you within approximately 7-8 business days after your valid Sale Instruction Form is processed. KEY DATES There are a number of key dates which you should consider before

4 participating in the Facility. These are: 17 October 2001 Facility opens 2 November 2001 Annual general meeting of NIGL 30 November 2001 Facility closes (subject to NIGL's discretion to extend the Facility) This is important. Please read the Additional Information and Terms and Conditions carefully. NIGL does not make any recommendation to you regarding whether to participate in the Facility. If you wish to sell your shares, there are advantages in participating in the Facility compared to using a broker and vice versa. These are set out in the Additional Information. If you are in any doubt about whether to participate, please consult your legal, financial or taxation adviser. Any queries you have with regard to how the Facility works should be directed to the Share Sale Facility Information Line on Responses to Frequently Asked Questions will be available on the NIGL website at from 17 October J Strong CHAIRMAN NRMA Insurance Group Limited MORE TO FOLLOW

5 Share Sale Facility Documentation Document No: Document part: C ASX-SIGNAL-G A full copy of this announcement which includes the share sale facility booklet is available for purchase from ASX Customer Service on Charges apply.

6 News Release: New Share Sale Facility opens Document No: Document part: A G ASX-SIGNAL- NRMA Insurance Group Limited (NIGL) opens its new Share Sale Facility today to more than one million small shareholders who have the opportunity to sell their shares without engaging a stockbroker or paying brokerage fees. The Share Sale Facility website ( also goes 'live' and provides shareholders with general information, including frequently asked questions and a copy of the Share Sale Facility booklet, before receiving their information kits in the mail. The Facility is being offered to shareholders who, as at 12 October 2001, held 1,000 or less NIGL shares. The Facility is scheduled to close on 30 November Chairman, Mr James Strong, said the Facility was a simple way for eligible shareholders interested in selling their shares on the stock market but who do not want to find a stockbroker or pay brokerage fees. "Participation in the Facility is voluntary and aimed at providing shareholders with 1,000 or less NIGL shares with an economic and convenient way to sell their holding should they wish to," Mr Strong said. "Eligible shareholders will be receiving an information pack on the Facility and its risks and limitations over the next few weeks so they can decide whether to participate and whether to consult their legal, financial or taxation adviser. "In the meantime, we would encourage eligible shareholders with any questions about the Facility to use the website for further information. We have included the frequently asked questions on the website to help shareholders decide whether they want to participate." Mr Strong said the majority of NIGL's eligible shareholders hold their shares as an issuer sponsored holding. Those who choose to participate in the Facility can only sell their entire holding. NIGL has the country's second largest share register and a reduction in the number of shareholders will allow NIGL to operate its share register more cost-effectively.

7 The information packs are being mailed to eligible shareholders from today until 23 October The packs will include a letter from the Chairman, a personalised sale instruction form which participating shareholders will need to sign and return before the close of the Facility and a booklet containing additional information including the Facility's terms and conditions.