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


Martinborough Vineyard to be quoted on Unlisted

Martinborough Vineyard Estates to be quoted on Unlisted

Unlisted Manager Bruce Cossill and Martinborough Vineyard Estates Ltd Chairman Roger Gaskell today announced that Martinborough Vineyard is to become the 22nd issuer quoted on Unlisted.

Mr Cossill said “We are delighted to welcome Martinborough Vineyard to the Unlisted share trading facility – the first new issuer since the Minister decided to leave Unlisted as it is. Martinborough Vineyard ordinary shares will be quoted and traded on Unlisted from tomorrow, Friday 9 December 2005.”

Mr Gaskell noted “Martinborough Vineyard has decided to be quoted and traded through Unlisted in order to provide transparency and liquidity around share trading for our 650 shareholders. Unlisted is ideal for a company like Martinborough Vineyard, and our directors are in no doubt that our shareholders will benefit greatly from having access to a cost-effective trading facility.”

Mr Cossill said “This new issuer breaks the ice and confirms the value of Unlisted as a share trading facility for small to medium sized NZ companies. Discussions are continuing with other potential issuers who are currently considering their trading arrangements.

“The aggregate market capitalisation of Unlisted securities has reached around $950 million and trading volumes and values are strong, demonstrating Unlisted’s valuable contribution to the New Zealand capital markets.”


© Scoop Media

Business Headlines | Sci-Tech Headlines


I Sing The Highway Electric: Charge Net NZ To Connect New Zealand

BMW is turning Middle Earth electric after today announcing a substantial contribution to the charging network Charge Net NZ. This landmark partnership will enable Kiwis to drive their electric vehicles (EVs) right across New Zealand through the installation of a fast charging highway stretching from Kaitaia to Invercargill. More>>


Watch This Space: Mahia Rocket Lab Launch Site Officially Opened

Economic Development Minster Steven Joyce today opened New Zealand’s first orbital launch site, Rocket Lab Launch Complex 1, on the Mahia Peninsula on the North Island’s east coast. More>>


Marketing Rocks!
Ig Nobel Award Winners Assess The Personality Of Rocks

A Massey University marketing lecturer has received the 2016 Ig Nobel Prize for economics for a research project that asked university students to describe the “brand personalities” of three rocks. More>>


Nurofen Promotion: Reckitt Benckiser To Plead Guilty To Misleading Ads

Reckitt Benckiser (New Zealand) intends to plead guilty to charges of misleading consumers over the way it promoted a range of Nurofen products, the Commerce Commission says. More>>


Half A Billion Accounts, Including Xtra: Yahoo Confirms Huge Data Breach

The account information may have included names, email addresses, telephone numbers, dates of birth, hashed passwords (the vast majority with bcrypt) and, in some cases, encrypted or unencrypted security questions and answers. More>>


Rural Branches: Westpac To Close 19 Branches, ANZ Looks At 7

Westpac confirms it will close nineteen branches across the country; ANZ closes its Ngaruawahia branch and is consulting on plans to close six more branches; The bank workers union says many of its members are nervous about their futures and asking ... More>>

Interest Rates: RBNZ's Wheeler Keeps OCR At 2%

Reserve Bank governor Graeme Wheeler kept the official cash rate at 2 percent and said more easing will be needed to get inflation back within the target band. More>>


Get More From Scoop

Search Scoop  
Powered by Vodafone
NZ independent news