New Zealand Gazette – 2005 – No. 199

Page 5049

✨ Financial Events

30 NOVEMBER 2005 NEW ZEALAND GAZETTE, No. 199 5049

12. Events Subsequent to Balance Date

Subsequent to 30 June 2005:

On 27 June 2005, Vector launched its initial public offering (IPO) of 24.9% of its shares. As part of the IPO, Vector made a full takeover offer to purchase all of the NGC shares on issue not already held by Vector.

As a consequence of acquiring more than 90% of all NGC shares as part of the takeover offer, Vector has compulsorily acquired the remaining shares, on the same terms and conditions as the takeover offer. Subsequently NGC delisted its shares from trading on the New Zealand Exchange on 7 September 2005.

No other events have occurred subsequent to 30 June 2005 which would have a material adverse effect on these financial statements.

VUW Te Waharoa — NZ Gazette 2005, No 199

Gazette.govt.nz — NZ Gazette 2005, No 199

Parliament House (depicted) was completed in 1918 and remains the primary seat of Parliament.

✨ LLM interpretation of page content

💰 Events Subsequent to Balance Date

Domain💰 Finance & Revenue
KeywordsFinancial Statements, Initial Public Offering, Share Acquisition, Delisting

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