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:

February 20th Morning Report
SCL - Chief Financial Officer Transition
BLS - Strong YTD performance
CEN announces opening of NZ$75 million Retail Offer
AIA - 1H26 Interim Results
February 19th Morning Report
TWL - Share Purchase Plan Results
GMT revaluation, unit buyback and proposed structure update
Devon Funds Morning Note - 17 February 2026
CEN - Contact successfully completes NZ$450m Placement