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.

Subscribe here for up-to-date channel news

Follow Us

Join the New Zealand Reseller News newsletter!

Error: Please check your email address.

Tags Wynyard GroupNZXASX

Featured

Slideshows

StorageCraft celebrates high achievers at its inaugural A/NZ Partner Awards

StorageCraft celebrates high achievers at its inaugural A/NZ Partner Awards

Revealed at a glitzy bash in Sydney at the Ivy Penthouse, the first StorageCraft Partner Awards locally saw the vendor honour its top-performing partners with ASI Solutions, SMBiT Pro, Webroot, ACA Pacific and Soft Solutions New Zealand taking home the top awards. Photos by Maria Stefina.

StorageCraft celebrates high achievers at its inaugural A/NZ Partner Awards
Kiwi resellers make a splash on Synnex and Lenovo RotoVegas road trip

Kiwi resellers make a splash on Synnex and Lenovo RotoVegas road trip

​Synnex and Lenovo hosted 18 resellers for an action-packed weekend adventure in RotoVegas, taking in white water rafting on the Kaituna River, as well as quad biking and dinner at Stratosfare​, overlooking Lake Rotorua at the top of Mount Ngongotaha​. Photos by Synnex.

Kiwi resellers make a splash on Synnex and Lenovo RotoVegas road trip
Show Comments