NZ Windfarms VVFPA with Meridian Update
ADMIN
Thu, Aug 15 2024 01:27 pm
15 August 2024
NZX Announcement
For immediate release
NZ Windfarms Fixed Price Variable Volume Contracts for Differences (CFDs) with Meridian Energy Limited
On 27 June 2024, NZ Windfarms announced that it has agreed conditional fixed price variable volume contracts for differences (CFDs) with Meridian Energy Limited.
The CFDs were conditional on a waiver from listing rule 5.2.1 (which restricts related party transactions) or failing that approval by ordinary resolution of NWF shareholders. NZ RegCo has now granted that waiver, so the CFDs are unconditional.
A copy of the NZ Reg Co waiver decision, and a certificate by the directors of NZ Windfarms to NZ RegCo, that set out the reasons for the waiver is attached.
For further information, contact David Prentice, Chief Executive, by phone on 06 280 2773, or by email at [email protected]
Craig Stobo
Chairman
ENDS
Announcement PDF
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