Menu
Wynyard targets Aussie revenue with dual listing on ASX

Wynyard targets Aussie revenue with dual listing on ASX

“Listing on ASX will enable more Australian and foreign investors to hold Wynyard stock, participate in the company's growth and increase the attractiveness of Wynyard shares."

Wynyard Group has approved the company pursuing a dual listing on the Australian Stock Exchange (ASX) and it will now commence the process after first listing on the New Zealand Stock Exchange (NZX) in July 2013.

"With a significant part of our revenue and growth coming from the Asia Pacific Region and a growing number of Australian investors, seeking an ASX listing is a logical strategic move for the company," says Craig Richardson, CEO, Wynyard Group.

“Listing on ASX will enable more Australian and foreign investors to hold Wynyard stock, participate in the company's growth and increase the attractiveness of Wynyard shares.

"We also expect it will increase our profile with Australian customers and the board believes that dual listing will benefit all shareholders."

Richardson says it is expected that the process will complete during the third quarter of the 2015 calendar year.

Also, Wynyard Group intends to maintain its New Zealand incorporation and its principal listing on the NZX Main Board.

Wynyard Group has appointed UBS New Zealand to advise on the proposed ASX listing.

Subject to regulatory approval, Wynyard Group expects to make further announcements with respect to the proposed ASX listing in the coming months.


Follow Us

Join the newsletter!

Error: Please check your email address.

Tags Wynyard GroupNZXASX

Featured

Slideshows

Meet the top performing HP partners in NZ

Meet the top performing HP partners in NZ

HP honoured leading partners across the channel at the Partner Awards 2017 in New Zealand, recognising excellence across the entire print and personal systems portfolio.

Meet the top performing HP partners in NZ
Tech industry comes together as Lexel celebrates turning 30

Tech industry comes together as Lexel celebrates turning 30

Leading figures within the technology industry across New Zealand came together to celebrate 30 years of success for Lexel Systems, at a milestone birthday occasion at St Matthews in the City.​

Tech industry comes together as Lexel celebrates turning 30
HP re-imagines education through Auckland event launch

HP re-imagines education through Auckland event launch

HP New Zealand held an inaugural Evolve Education event at Aotea Centre in Auckland, welcoming over 70 principals, teachers and education experts to explore ways of shaping and enhancing learning using technology.

HP re-imagines education through Auckland event launch
Show Comments