| Offer description |
Murray Irrigation Limited (Company) is offering up to 80,000 ML of water to eligible customers of the Company by way of expression of interest. |
| Offer window |
The expression of interest for the offer opened at 9.00am on 6 August 2026 and will close at 5.00pm on 13 August 2026. On the day prior to the opening date, a link containing details regarding how to participate was sent to customers of the Company. |
| Eligible customers |
The offer is exclusive to customers of the Company who are within financial terms with the Company. If the offer is oversubscribed, only customers with delivery entitlements will receive a portion of their applied volume. |
| Pricing mechanism |
Determined by the 7-day volume weighted average price of water allocation sales in Zone 10 on the Company’s water exchange platform. |
| Allocation method |
If the offer is oversubscribed, participating customers will be offered a pro rata volume based on their delivery entitlements and the number of delivery entitlements in the pool at the time the expression of interest closes. If the offer is undersubscribed, participating customers will receive the amount they have applied for, and the remaining water will be retained by the Company for reassessment. |
| Payment terms |
The Company is offering customers three payment options. • Standard 60-day terms, interest free • 5 months terms, at 10.35% annual interest (pro-rata 5/12) • 10 months term, at 10.35% annual interest (pro-rata 10/12) |
| Other conditions |
The terms and conditions of the offer are available in more detail at this link – https://www.murrayirrigation.com.au/water-products#SP. |
| Methods / instruments |
Expression of interest tenders. |
