Air NZ redeems remaining $200 million of redeemable shares
Stock exchange listings: New Zealand (NZX: AIR) / Australia (ASX: AIZ) / ADR (OTC: ANZLY)
MARKET ANNOUNCEMENT
Air New Zealand postal address: Private Bag 92007, Auckland, 1142, New Zealand
Investor Relations email: investor@airnz.co.nz
Investor website: www.airnewzealand.co.nz/investor
28 November 2022
Air New Zealand redeems remaining $200 million of redeemable
shares
Air New Zealand has today redeemed the remaining $200 million of redeemable shares
on issue to the Crown.
Air New Zealand first issued $600 million of redeemable shares to the Crown in April and
May 2022 as part of the airline’s recapitalisation undertaken earlier this year. Air New
Zealand elected to redeem $400 million of those shares in June 2022. In August 2022
the airline indicated that the remaining $200 million would be redeemed once the airline’s
recovery was further progressed.
The redemption today is the final redemption, and this facility has now been cancelled.
Ends.
Authorised for release to NZX and ASX by:
Jennifer Page
General Counsel & Company Secretary
jennifer.page@airnz.co.nz
+64 27 909 0691
For investor relations questions, please contact:
Kim Cootes
Head of Investor Relations
kim.cootes@airnz.co.nz
+64 27 297 0244
For media enquiries, please contact:
Air New Zealand Communications.
Email: media@airnz.co.nz │ Phone: +64 21 747 320 │ Twitter: @AirNZMedia
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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