New Zealand Oil & Gas Limited (NZO) has been conditionally approved for a change in listing category by NZX and ASX, which is expected to take effect on both exchanges from 27 June 2022.
This change in listing category is to provide support for increasing activity in Australia.
Shareholders will still be able to choose between trading on the NZX and the ASX, as NZO’s shares will remain quoted on both exchanges.
NZO will be exempt from the bulk of the NZX Listing Rules and will be fully subject to the ASX Listing Rules, subject to any applicable waivers.
For further information, contact NZO at [email protected] or +64 4 495 2424.
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