Comvita Limited (NZX: CVT) Sells Remaining SeaDragon Stake

As part of Comvita’s continued focus on Mānuka honey and bee products Comvita wishes to advise that it has sold its remaining shareholding in SeaDragon Limited at market price. The shares were sold at $0.03c realising a value of $396,023.61.

Comvita CEO David Banfield said, “We made the decision to sell our remaining investment in SeaDragon in line with our Arotahi or Focus strategy. We wish Bryan and the team at SeaDragon all the best with their plans.”

See the link below for more details:

Comvita sells remaining SeaDragon stake

Source: Comvita Limited

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:

EBOS announces appointment of new Chief Financial Officer
AM Best affirms Tower Limited's A- (Excellent) FSR
MCK enters into conditional agreement for Whangarei land
April 26th Morning Report
SPG - Change to Executive Team
BGI - Forgiveness of $200,000 of secured indebtedness
General Capital Subsidiary General Finance Market Update
AFT,Massey Ventures,Gilles McIndoe to develop scar treatmen
April 24th Morning Report
Cheers to many fewer grape harvest spills