Just Life to vote on delisting, USX listing

The directors of Just Life Group have called a special meeting of shareholders to vote on resolutions proposed by the company's major shareholder, The Harvard Group.

The resolutions involve delisting Just Life from the NZX main board and listing it on the Unlisted Securities Exchange (USX).

If the resolutions are approved, the company plans to make an off-market buyback offer to acquire up to 2.5 million shares at a price of 30 cents per share.

The meeting is scheduled to take place on May 13 2024.