BNZ increases trade finance facility
®
is a registered Trade Mark of Wellington Drive Technologies WT 9396
Wellington Drive Technologies Ltd
P: +64 9 477 4500 E: info@wdtl.com
21 Arrenway Drive, Rosedale, Auckland 0632
PO Box 302-533 North Harbour, Auckland 0751, New Zealand
www.wdtl.com
3 June 2020
Market Announcement
For immediate release
BNZ increases trade finance facility
Wellington Drive Technologies Ltd is pleased to advise that the company’s trade finance facility with Bank of
New Zealand has been increased from NZ$2.0m to NZ$2.5m. All other terms of the facility remain
unchanged.
About Wellington Drive Technologies:
Wellington is a leading provider of IoT solutions, cloud-based fleet management platforms, proximity
marketing solutions, energy-efficient electronic motors and connected refrigeration control solutions. It
serves some of the world’s leading food and beverage brands and refrigerator manufacturers and offers
proximity-based marketing solutions for global food and beverage brands as well as Smart City projects in
the Australian market. Wellington’s products and services improve sales, decrease costs and reduce
energy consumption. Headquartered in Auckland with a global reach, Wellington is listed on the New
Zealand stock exchange under the ticker symbol NZ:WDT
For further information visit www.wdtl.com
Contact:
Howard Milliner, Chief Financial Officer
ph +64 27 5870455
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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