NZX Subordinated Notes – outcome of election process
NZX Limited
Level 1, NZX Centre
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PO Box 2959
Wellington 6140
New Zealand
Tel +64 4 472 7599
www.nzx.com
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6 June 2023
NZX Limited announces outcome of Subordinated Notes election process
The election process run by NZX Limited (“NZX”) prior to the first election date (Tuesday, 20
June 2023) of NZX's unsecured, subordinated notes (“Subordinated Notes”) (NZX010) has
been completed.
The outcome of the election process is as follows:
• $28,588,000 of Subordinated Notes will be retained by Holders, subject to the new
conditions; and
• $11,412,000 of Subordinated Notes will be purchased by NZX and offered for sale.
Trading halt
Trading in the Subordinated Notes (NZX010) was suspended at the close of business on
Tuesday, 2 May 2023. Trading in the Subordinated Notes (under new ticker NZX020) is
expected to resume on Wednesday, 21 June 2023, being the trading day immediately following
the election date.
Joint Lead Managers
Commonwealth Bank of Australia
0800 272 266
Forsyth Barr Limited
0800 367 227
Jarden Securities Limited
0800 005 678
ENDS
For further information, please contact:
Media and Investors – Simon Beattie – 021 702 694
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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.
Other issuers discussed similar conditions around this time
Matched by meaning across NZX announcement text, not keywords — based on our semantic index of announcement bodies.
- PCT — Precinct Properties New Zealand Limited: Indicative issue margin range for notes offer2023-09-03
“05 INDICATIVE TERMS SHEET Interest suspension Payments of interest on the Notes will be suspended if Precinct NZ does not meet the Payment Condition (as described above) in respect of such interest. Any suspended interest payment (Unpaid Interest) will accumulate and interest wil…”
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“05 INDICATIVE TERMS SHEET Retail Brokerage 0.50% retail brokerage plus 0.50% on retail firm allocations paid by Precinct NZ. No firm fees will be paid on allocations made in the Shareholder Priority Offer but brokerage of 0.50% will be paid. ISIN 2026 Notes: NZPCTDG002C4 2027 Not…”