NZ Rural Land Company pushes out NZX listing day to Monday
16 Dec, 2020 04:30 AM
2 minutes to read
NZ Rural Land Co is expected to list on the sharemarket on Monday. Photo / File
New Zealand Rural Land Company Ltd (NZRLC) said it had raised the minimum $75 million required for its initial public offering but that the listing date had been extended to Monday from Friday.
The company said allotment of the shares under the IPO has been deferred by a day to facilitate settlement with institutional investors.
A $750,000 investment from Allied Farmers got the IPO over the line to meet the $75m minimum target.
NZ Rural Land pushes out NZX listing day to Monday nzherald.co.nz - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from nzherald.co.nz Daily Mail and Mail on Sunday newspapers.
Allied Farmers helps NZ Rural Land IPO get over the line nzherald.co.nz - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from nzherald.co.nz Daily Mail and Mail on Sunday newspapers.