2 September 2022
Issue of Performance Fee Shares
New Zealand Rural Land Company (NZL.NZX) confirms today it has issued 2,499,747 fully paid ordinary shares to satisfy the Performance Fee for FY22 at an issue price of NZ$ 1.6462.
Total number of shares on issue is now 115,601,570. An NZX capital change notice is attached to this announcement.
Rob Campbell
Independent Chair
For further information please contact:
Christopher Swasbrook
Mobile: 021 928 262
Email: [email protected]
or
Richard Milsom
Mobile: 021 274 2476
Email: [email protected]
The S&P/NZX 50 fell 2.33% to 11,836.69 points.
The shares lifted 27% on the revised offer.
The shares jumped 27%.
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