1 June 2021
[email protected]
NZ Rural Land Company Ltd Settlements Completed
(“Allied Farmers” NZX: ALF) is pleased to note and congratulates New Zealand Rural Land Company Limited’s (NZX: NZL) settlement today of the acquisition of previously announced dairy assets.
Allied Farmers’s has previously indicated that, once these acquisitions settle, Allied Farmers will update the market on the likely earnings impact given its 50% ownership of New Zealand Rural Land Management Limited Partnership (NZRLM), which is the external manager of NZL.
This update will be provided once NZRLM is in a position to provide Allied Farmers with the relevant financial information to calculate that earnings impact.
Richard Perry
Chair
They have gone with immediate effect.
What should you really be looking for from your fundie?
The NZ sharemarket bounced back as large-cap stocks balanced gains and losses.
To join your company account for BusinessDesk and enjoy full access, enter your email and we’ll send you details