Discovery Parks Group

Discovery Offer

  • Discovery is offering to acquire all Aspen Parks Property Fund (APPF) Stapled Securities at a cash price of $0.63 per APPF Stapled Security through an off-market takeover bid (Discovery Offer).
  • The Discovery Offer delivers a compelling opportunity for APPF Securityholders to realise certainty of value at an attractive cash price ($0.63 per APPF security, a 39% premium to APPF’s current net asset value).
  • The APPF Board Committee recommends that you ACCEPT the Discovery Offer in the absence of a superior proposal
  • Discovery Bidder expects to be able to commence compulsory acquisition very soon and will do so as soon as possible when the right arises. You will receive cash for your APPF securities much faster if you accept the Discovery Offer instead of waiting to be paid under the compulsory acquisition process. Please refer to the “Extension of Offer to 29 February 2016” available for download below for further details.
  • Unless indicated otherwise, capitalised terms on this website have the meaning given to them in the Bidder’s Statement and the First Supplementary Bidder’s Statement.

The Discovery Offer is open until 7.00pm (Sydney time) on Monday 29th February 2016

  • The Discovery Offer is now open for acceptance. The Discovery Offer has been extended and is currently scheduled to close at 7.00pm (Sydney time) on Monday 29th February 2016, unless further extended.
  • THE OFFER PRICE WILL NOT BE INCREASED IN THE ABSENCE OF A SUPERIOR PROPOSAL FOR APPF
  • For further information regarding the Discovery Offer, including the reasons why you should accept the Discovery Offer and the full terms and conditions of the Discovery Offer, please refer to the Bidder’s Statement, and the Supplementary Bidder’s Statements, that have been sent to you. They are also available for download below.
  • The personalised Offer Acceptance Form has been mailed to you.
  • If you have not received any of these documents, please contact the Discovery Offer information line on 1300 781 243 (within Australia) or +61 3 9415 4662 (from outside Australia) to request a replacement copy to be sent to you.

Reasons to accept the Discovery Offer

  • There are a number of reasons why you should ACCEPT the Discovery Offer:
  • The all cash Discovery Offer is now $0.63, is unconditional and you will receive payment within 10 business days of acceptance.
  • The APPF Board Committee recommends that you ACCEPT the Discovery Offer in the absence of a superior proposal
  • The proposed merger of APZ and APPF has been cancelled.
  • If you want cash for your APPF Stapled Securities you should accept the Discovery Offer now.
  • If you accept the Discovery Offer you will receive a free two-year membership to the Discovery Holiday Parks Membership Program.
  • For information about the Discovery Holiday Parks Membership Program, go to: http://www.discoveryholidayparks.com.au/membership_program

Accepting the Discovery Offer

  • If you wish to accept the Discovery Offer you need to complete and return the personalised Offer Acceptance Form which has been previously sent to you. If you do not have your personalised Offer Acceptance Form, please call the Discovery Offer information line on 1300 781 243 (within Australia) or +61 3 9415 4662 (from outside Australia) to request a copy.

  • Please refer to the personalised Offer Acceptance Form for instructions on how to accept the Discovery Offer. Your valid Offer Acceptance Form must be received by the close of the Discovery Offer Period, which is currently scheduled to close at 7.00pm (Sydney time) on Monday 29th February 2016, unless further extended. If you have any questions in relation to the Discovery Offer, please contact your financial or other professional advisor or contact the Discovery Offer information line on 1300 781 243 (within Australia) or +61 3 9415 4662 (from outside Australia).

  

BIDDERS STATEMENT 

 

first supplementary bidders statement

 

SECOND SUPPLEMENTARY BIDDERS STATEMENT

 

THIRD SUPPLEMENTARY BIDDERS STATEMENT

 

key information about the discovery offer

 

extension of offer

 

FOURTH SUPPLEMENTARY BIDDERS STATEMENT

 

Fifth SUPPLEMENTARY BIDDERS STATEMENT

 

Extension of Offer to 29 February 2016

 

 

Make an Enquiry

If you have any questions in relation to the Offer, please call the Offer
information line on:

1300 781 243

or +61 3 9415 4662
(from outside Australia)

Find out more...