18 March 2022
New Zealand Rural Land Company Limited (NZX.NZL) provides the attached Capital Change Notice pursuant to NZX
Listing Rule 3.13.1. This Notice relates to the issue of 162,004 ordinary shares under NZL’s Dividend Reinvestment Plan, dated
8 February 2022, in respect of the FY22 interim dividend.
ENDS
For further information please contact:
Christopher Swasbrook
Director
Mobile: 021 928 262
Email: [email protected]
The S&P/NZX 50 Index closed at 12,266.25, gaining 57.2 points or 0.47%.
Goldman Sach analysts have a 12-month target price of A$2.85 ($3.14).
An investment firm bought the stake, which included 116,145 hectares of forestry.
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