Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search

 

CommSoft Allocation Advice To Shareholders

Media Release
For Immediate Release


Strathmore Shareholders Sent CommSoft Allocation Advice Today

AUCKLAND – Thursday 14 September – Strathmore Group Limited (NZSE: SMR) today announced that shareholders participating in its buyback offer would be sent notices of their allocation of CommSoft shares today.

Strathmore said CommSoft yesterday received conditional approval for admission to the Australian Stock Exchange and would trade in both Australia and New Zealand under the code CSG.

Trading in CommSoft shares will begin early next week on a date to be advised by the ASX.


About Strathmore Group Limited
Strathmore Group Limited is a technology investment company with approximately $NZ19 million of shareholders’ funds. It targets Internet, e-Commerce and information technology companies with potential to deliver accelerated growth in shareholder value by competing in global markets. It provides strategic advice, capital support, operational assistance, industry expertise and a network of relationships to assist technology companies to migrate internally.
For further information, please call:

Phil Norman, Executive Chairman, Strathmore Group Limited
Tel +64 21 667 210, E-mail: phil.norman@strathmoregroup.com

Michael Bartrom, Botica Conroy & Associates
Tel +64 9 303 3862, E-mail: michaelb@bca.co.nz
021 403 503



© Scoop Media

 
 
 
Business Headlines | Sci-Tech Headlines

 

Electricity Market: Power Panel Favours Scrapping Low-Fixed Charges

An independent panel reviewing electricity prices favours scrapping the government’s low-user fixed charge regime, banning the use of prompt-payment discounts, and requiring greater disclosure of the profit split between the retail and generation arms of the major power companies. More>>

ALSO:

Bottomless Oil And Zero Climate Cost: Greenpeace Not Big On PEPANZ Gas Ban Report

The NZIER report commissioned by oil industry body, PEPANZ, claims the oil and gas ban issued by the Government last April could cost the the New Zealand economy $28 billion by 2050... But Greenpeace says the figures in the report are based on false assumptions and alternative facts. More>>

ALSO:

Two Queensland Fruit Flies And A Different One In Otara: Devonport Fruit And Veg Lockdown

Work continues at pace on the biosecurity response following the discovery last week of one male Queensland fruit fly in a surveillance trap in the Auckland suburb of Devonport. More>>

ALSO:

Digital Services Tax: Government To Plan Tax On Web Operator Income

New Zealand is to consult on the design of changes to tax rules which currently allow multinational companies in the digital services field to do business here without paying income tax. More>>

ALSO: