First NXT-listing G3 may quit the small-cap exchange

Fri, 23 Jun 2017

By Paul McBeth June 23 (BusinessDesk) - G3 Group is considering a plan to quit the NZX's NXT just two years after joining the market for minnows in a compliance listing. Auckland-based G3 today said its board had received a proposal from majority shareholder the Christian Family Trust to delist from NXT, and is considering the proposal before making a recommendation to other shareholders. The Christian Family Trust is working with other major shareholders to finalise a privatisation plan, and has "indicated that it intends to work wi...

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