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Tegel Group Holdings Limited ("Tegel") is pleased to confirm that Overseas Investment Office approval for Bounty Holdings New Zealand Limited's ("Bounty") acquisition of the company has been granted under the Overseas Investment Act. The Bounty Offer to acquire all your ordinary shares in Tegel has been declared unconditional. -ENDS- End CA:00324296 For:TGH Type:TRANSACT Time:2018-09-24 14:53:48