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Tag: new zealand energy

Meridian Energy Limited

September 1, 2013
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 |  Government Share Offers, investing, New Zealand Investment

The Government has announced that it plans to sell up to 49% of Meridian Energy – the second company in the mixed ownership model programme. Some features are: The proposed issue of instalment receipts will allow investors to pay for shares in two instalments. Where a dividend is paid, instalment receipts provide an elevated dividend yield over the instalment period. There will be no pre-registration process. It is proposed that a share price cap will be set for NZ retail […]

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Mighty River Power Float – pre-registration

March 29, 2013
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 |  New Zealand Investment

Mighty River Power Float – pre-registration The government announced the start of the Mighty River Power (MRP) listing process with a 3-week registration period. Interested investors can register on the government website: https://www.mightyrivershares.govt.nz. The purpose of the registration is to assess the retail demand for the offer prior to any offer document being released to the market.  There will be a media campaign on TV and in the financial press to support the pre-registration. The benefit to Advisors and Clients of registering is that the government has […]

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