Comvita sells remaining SeaDragon stake
14 December 2020
Comvita sells remaining SeaDragon stake
As part of Comvita’s continued focus on Mānuka honey and bee products Comvita wishes to advise that it
has sold its remaining shareholding in SeaDragon Limited at market price. The shares were sold at
$0.03c realising a value of $396,023.61.
Comvita CEO David Banfield said, “We made the decision to sell our remaining investment in SeaDragon
in line with our Arotahi or Focus strategy. We wish Bryan and the team at SeaDragon all the best with
their plans.”
For more information please refer to the announcement released by SeaDragon today -
www.seadragon.co.nz.
Ends.
For further information
Comvita CEO, David Banfield
Miranda Milne, EA to CEO: 027 226 1205
Background information
About Comvita (www.comvita.co.nz) Comvita (NZX:CVT) was founded in 1974 and is the pioneer and global
market leader of the Mānuka honey category. Comvita is committed to the long-term development of
Mānuka and Bee products backed by unrivalled scientific knowhow. Comvita recently announced its
sponsorship of the NZ pavilion at the World Expo in Dubai focusing on Kaitiakitanga (guardianship and
protection of the planet).
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