Sharechat Logo

42 Below fully subscribed

Monday 13th October 2003

Text too small?
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.

  General Finance Advertising    

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:

BPG - Amended FY26 Annual Report and Presentation
WIN - Winton - Chris Meehan resigns as Directo
TEM - Transaction in Own Shares
WCO - Share Purchase Plan
SKT - Sky ASM and Closing Date for Director Nominations
September 11th Morning Report
MEL - Dividend reinvestment plan strike price
MKR - High Grade Gold Drill Intersections from Pipeline Ridge
KMD - ASM Date and Closing Date for Director Nominations
PCT - Sale of PwC Tower now unconditional