Zespri unlikely to list on NZX this year, says chair

Zespri unlikely to list on NZX this year, says chair
(Image: Zespri)
Riley Kennedy
Kiwifruit marketer Zespri is unlikely to shift its listing to the New Zealand stock exchange this year, saying its wants to give itself “adequate time” to consult with its shareholders.Last year, Zespri, now listed in the Unlisted Securities Exchange (USX), told its shareholders that strengthening the grower shareholding of the co-operative had been a focus.One option to do so was a listing on the New Zealand stock exchange (NZX).Under the co-operative’s rules, shareholders are limited to those individuals or entities who own...

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