Z Energy Limited (NZX/ASX: ZEL) (“Z”) is pleased to welcome its new owner, Ampol Holdings NZ Limited (“Ampol NZ”), from today.
The existing directors of Z have resigned effective today and, Ampol NZ has appointed a new Board for Z, also effective today.
The new Board of directors of Z are:
• Matthew Halliday, Managing Director and CEO, Ampol Limited
• Penelope Winn, Independent, Non-executive Director, Ampol Limited; and
• Gregory Barnes, Group Chief Financial Officer, Ampol Limited.
Matt Hardwick
Corporate Affairs Manager
[email protected]
Ph +64 (0)27 787 4688
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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