42 Below fully subscribed

Monday 13th October 2003

New Zealand premium spirit maker 42 Below has closed its initial public offering fully subscribed. The company advised that some applications, from those who did not receive firm allocations, would be returned.

The company's board met today and confirmed that following allocation there are in excess of 2,800 shareholders.

The company will list on Wednesday, October 15, 2003.

Chief vodka bloke Geoff Ross said the company was pleased to have raised the capital necessary to expand into export markets.

"We're delighted the offer has gone well, we're looking forward to implementing our business plans and focusing on delivering," he says.

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.

Related News:

KPG - Kiwi Property Green Bond offer closed
PFI - Capital Change Notice - FY27 LTI Scheme Grant
IKE - 1H FY27 Performance Update
SUM - Summerset Appoints Sue Matthews as Independent Director
GNE - FY27 Q1 Performance Report
FPH - F&P Healthcare statement regarding cyber incident
HGH - Heartland Group confirms leadership endorsements
October 22nd Morning Report
VCT - Operational Performance for the 3 months ended 30 Sept 2026
SKL - Skellerup with strong start, forecasts growth for FY27