Dorchester buyers line up

Green spent nearly $1 million lifting his stake from 11.3% between September 24 and 30, buying shares on market and exercising 2005 warrants.

His moves came after Bridgecorp bought a 19.9% Dorchester stake and entered a "lock-up" agreement with managing director Brent King to buy more shares.

The deals were subsequently found to have breached the code, and Bridgecorp and King will have to sell 1.23 million Dorchester shares.

A third contender could be investor George Gould, who last week sold a 19.8% holding in Vertex Group for $13 million.

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:

SkyCity Appoints Chief Financial Officer
February 13th Morning Report
February 12th Morning Report
NZME 2025 Full Year Results Release Date
Turners Institutional Investor Day
February 10th Morning Report
PEB - Medicare Contractor Novitas Schedules Expert Panel
NZK Enters Into Wellboat Lease Agreement
Fonterra announces Mainland Group leadership change
OCA - Oceania announces Director changes as part of Board refresh