NZL - Completion of Retail Bookbuild

New Zealand Rural Land Company Limited (NZX.NZL) advises that it has completed the retail shortfall bookbuild component (Retail Bookbuild) of its 1 for 5 accelerated pro rata renounceable entitlement offer (Offer).

The Retail Bookbuild raised approximately $2.3 million, bringing the total raised via the Offer to approximately NZ $16.4 million. The proceeds of the Offer have been used to fund the acquisition of the Argyle Downs dairy farm and will also be used to fund the acquisition of the Greenhill dairy farm on 30 June 2022.

Settlement and allotment for all shares issued under the Retail Offer (including the Retail Bookbuild) is expected to occur on Thursday, 30 June 2022. Holding statements for the new shares issued will be despatched following allotment.

•  Completion of Retail Bookbuild

Comments from our readers

No comments yet

Add your comment:

Your name:
Your email:	Not displayed to the public
Comment:
Comments to Sharechat go through an approval process. Comments which are defamatory, abusive or in some way deemed inappropriate will not be approved. It is allowable to use some form of non-de-plume for your name, however we recommend real email addresses are used. Comments from free email addresses such as Gmail, Yahoo, Hotmail, etc may not be approved.

Anti-spam verification:

Type the text you see in the image into the field below. You are asked to do this in order to verify that this enquiry is not being performed by an automated process.

Related News:

Meridian Energy monthly operating report for June 2025
July 16th Morning Report
AIA - June 2025 Monthly traffic update
CHI - Q2 2025 Operational Update
July 15th Morning Report
BPG - Blackpearl Acquires US AI Platform to Accelerate Growth
TGG - Response to media speculation
ARB - Annual Meeting Date and Director Nominations
CNU - Q4 FY25 Connections Update
MOVE FY25 Results and Investor Briefing 29 August 2025