Intended sale of Vector treasury Shares
INTENDED SALE OF VECTOR TREASURY
SHARES
As part of ongoing capital management, Vector Limited (NZX:VCT) has determined it should no longer
continue to hold 4,245,000 of its own shares as treasury stock. Vector intends to sell these shares
through the market, commencing 9 November 2017, and has engaged Forsyth Barr to assist it with
the sale. The proceeds will be initially applied to debt reduction but will be redeployed into new
investment opportunities as they arise.
ENDS
About Vector
Vector is New Zealand’s leading multi-network infrastructure company which delivers energy and communication
services to more than one million homes and businesses across the country.
Vector is listed on the New Zealand Stock Exchange with ticker symbol VCT. Our majority shareholder, with
voting rights of 75.4%, is Entrust (formerly Auckland Energy Consumer Trust).
For further information, visit www.vector.co.nz
MARKET RELEASE
8 November 2017
Contact
MEDIA QUERIES:
Richard Llewellyn
External Relations
Mobile 027 523 2362
ANALYST QUERIES:
Dan Molloy
Chief Financial Officer
64-9-213-5179
Mobile 021-441-311
Data sourced from publicly available filings. Our datasets may not be complete. Automated analysis can produce errors. If you believe any data on this page is incorrect, please contact us at hello@nzxplorer.co.nz. For informational purposes only. Not investment advice.
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