Memorandum
To: Market Participants
From: NZX Product Operations
Date: Monday, 14 July 2025
Subject: Manawa Energy Limited (“MNW”) Bonds – Early Call and Delisting
Message:
NZX Operations (“NZXO”) advises that, further to the announcement released by Manawa Energy Limited (“MNW”) on Monday, 14 July 2025, MNW will exercise its right to fully redeem all its quoted bonds which are quoted on the NZX Debt Market under ticker code (“MNW170”),(“MNW180”) and (“MNW190”). The final day of trading in the MNW170, MNW 180 and MNW190 bonds will be Wednesday, 23 July 2025 with the bonds having been suspended at close of business.
MNW will redeem all MNW170, MNW 180 and MNW190 bonds on Tuesday, 5 August 2025, with delisting also occurring at that time
A timetable of events is attached
Please contact NZX Product Operations on +64 4 496 2853 or [email protected] with any queries.
ENDS
The electronics retailer wants 26 stores in New Zealand by the end of next year.
The deal is bigger than expected and at the low end of valuations.
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