Sharechat Logo

NWF agrees a new Variable Volume Fixed Price Agreement

Monday 19th October 2020

Text too small?


Variable Volume Fixed Price Agreement:

The Company is pleased to announce it has agreed the terms of its second Variable Volume Fixed Price Agreement (VVFPA) for 100% of its production from 1 January 2021 to 31 December 2021. The identity of the counterparty and price are commercially sensitive and remain confidential.

The agreement is subject to normal legal documentation and commercial terms. The Company will inform the market once legal documentation has been completed.

NWF’s Chairman, John Southworth, said he was pleased with the level of interest in the VVFPA renewal process with multiple parties submitting bids over varying tenures. Mr Southworth said the New Zealand Market has matured with respect to these types of contracts and expects them to become common place going forward.

See the link below for more details:

VVFPA Renewal NZX Announcement


  General Finance Advertising    

Comments from our readers

No comments yet

Add your comment:
Your name:
Your email:
Not displayed to the public
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:

Livestock Improvement Corporation Limited (NZX: LIC) Half Year Financial Results
Vital Limited (NZX: VTL) Appointment of Chief Operating Officer
New Talisman Gold Mines Limited (NZX: NTL) Binding Option to Acquire Broken Hills Gold Mine
Senior Trust Retirement Village Listed Fund (NZX: SRF)
SkyCity Entertainment Group Limited (NZX: SKC) Change in Senior Managers
Fonterra Shareholders' Fund (NZX: FSF) Communication to Fonterra Farmers
Vector Limited (NZX: VCT) Operational Performance for the 6 Months Ended 31 December
Chorus Limited (NZX: CNU) Q2 FY21 Connections Update
Genesis Energy Limited (NZX: GNE) FY21 Q2 Performance Report
Synlait Milk Limited (NZX: SML) Increases Forecast Milk Price to $7.20 kgMS

IRG See IRG research reports