Council increases ownership of Lyttelton Port of Christchurch

Christchurch City Holdings Ltd, the commercial arm of Christchurch City Council, has upped its stake in Lyttelton Port Company Ltd by 1% point to 79.123, according to a substantial shareholder notice.

A notice has to be filed for every 1% point increase and a purchase of a small number of shares last week, together with earlier purchases since November 26, 2008, amounted to such an increase.

The council company has spent $2.4 million on buying the shares on market between November 26, 2008, and May 16 this year.

NZPA

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:

Livestock Improvement Corporation Limited (NZX: LIC) Special Dividend
8th December 2021 Morning Report
New Zealand King Salmon Investments Limited (NZX: NZK) Market Update
Scales Corporation Limited (NZX: SCL) Market update
Delegat Group Limited (NZX: DGL) $333 million syndicated bank facilities
7th December 2021 Morning Report
Sky Network Television Limited (NZX: SKY) Transformation accelerates - Sky raises FY22 guidance
PGG Wrightson Limited (NZX: PGW) FY22 Operating EBITDA forecast to better last year
Vulcan Steel Limited (NZX: VSL) Trading Update & Earnings Upgrade
6th December 2021 Morning Report