NZF and Inventory Technologies restructure plans up to three weeks away

Mon, 19 Jan 2015

By Suze Metherell Jan. 20 (BusinessDesk) - NZF Group says plans for Inventory Technologies to use the listed financial services shell for a reverse listing on the NZX are up to three weeks away as it finalises documentation and applications to regulators. NZF plans to acquire 100 percent of the Christchurch-based healthcare technology business for $5 million via the issue of 20 million new shares at 25 cents apiece, while also restructuring its own notes via a buyback and share issue as well as asking noteholders to forgive all accrued bu...

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