Seeka updates the market on the Australian orchard sale

Seeka Limited [NZX:SEK] provides the following update. Seeka advises that the Foreign Investment Review Board in Australia (FIRB) has requested and been granted an extension of the due date for its decision on Seeka's conditional sale and lease back of three orchards in Australia to allow sufficient time to finalise processing of the application. This extension was sought as part of an across the board extension of deadlines for all FIRB applications due to the preparation of the Australian Government's Budget taking up resources within FIRB and Treasury. Seeka now expects the Foreign Investment Review Board's decision to be made in November 2020. Seeka will advise the market when it receives the Foreign Investment Review Board's decision or if a further extension of the due date for the decision is requested and granted. Release ends: For further information please contact: Michael Franks Seeka Chief Executive 021 356516 Stuart McKinstry Seeka Chief Financial officer 021 2215583 End CA:00361258 For:SEK Type:TRANSACT Time:2020-10-09 15:59:59