Foley Family Wines migrates to NZX's main board

Foley Family Wines migrates to NZX's main board
Jenny Ruth
By Jenny Ruth Nov. 16 (BusinessDesk) - Foley Family Wines is biting the bullet early and moving from NZX's junior board to its main board from Dec. 3. NZX announced last month that it would move to a single equities board from July 1 next year, eliminating both the Alternative Market and its unsuccessful NXT board. Foley says it will also change its name to Foley Wines and its stock ticker from FFW to FWL as part of the move. The change will mean the company becomes subject to the main board listing rules which impose enhanced gover...