Cancellation of New Zealand Listing

Cancellation of New Zealand Listing

RNS Number : 3048I
Caledonia Investments PLC
01 July 2013
 


 

 

 

Caledonia Investments plc

 

Cancellation of New Zealand Listing

 

Caledonia Investments plc ("Caledonia" or the "Company") announces that it has requested approval from NZX Limited ("NZX") for the listing of its ordinary shares on the NZX Main Board ("NZSX") to be cancelled. NZX has accepted this request and has agreed that the last day of trading of Caledonia's shares on NZSX will be 23 August 2013, with the shares ceasing to be listed at the close of business on 30 August 2013.

 

Caledonia's shares have been listed on the NZSX since 1 November 2004. The decision to seek approval to cancel the listing was taken by Caledonia's board principally because the administrative and compliance costs of maintaining a secondary listing in New Zealand were no longer commensurate with the small number of shares remaining on the New Zealand branch register.

 

Following the cancellation of the NZSX listing, the shares held on Caledonia's New Zealand branch register will be transferred to the Company's UK register and Caledonia's ordinary shares will only be quoted on the London Stock Exchange.

 

A letter explaining the details of the transition will be sent to shareholders on the New Zealand branch register shortly.

 

 

 

Enquiries

 

Caledonia Investments plc

Will Wyatt (Chief Executive)

Stephen King (Finance Director)

Tel: +44 20 7802 8080

 

Tulchan Communications

Peter Hewer

Michelle Clarke

Tel: +44 20 7353 4200

 

1 July 2013

 

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This information is provided by RNS
The company news service from the London Stock Exchange
 
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