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Vector announces completion of sale of its LPG assets

M&A2 February 2025VCTUtilities

Market Release
31 January 2025


Vector announces completion of sale of its

LPG assets



On 26 July 2024 Vector (NZX:VCT) announced its entry into a conditional agreement to sell its

liquified petroleum gas (LPG) business, Vector Ongas, and its shareholding in Liquigas Limited.


Vector is pleased to announce that the transaction’s ministerial, regulatory and commercial

conditions have been satisfied and that the sale was completed today. The purchaser is Elgas

Limited.


ENDS


Investor contact

Jason Hollingworth, Chief Financial Officer, Vector

Jason.hollingworth@vector.co.nz, 021 312 928


Media contact

Matthew Britton, Communications Manager, Vector

Matthew.britton@vector.co.nz, 021 224 2966




About Vector

Vector is an innovative New Zealand energy company, which runs a portfolio of businesses

delivering energy and communication services to more than 620,000 residential and

commercial customers across New Zealand. Vector has a leading role in creating a new energy

future through its Symphony strategy which puts customers at the heart of the energy system.

Vector is listed on the New Zealand Stock Exchange with ticker symbol VCT. Our majority

shareholder, with voting rights of 75.1%, is Entrust. For further information, visit

www.vector.co.nz

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