Friday, 19 April 2024

Announcement

GENERAL: AUG: Augusta Acquires Stake in NPT Limited

26 Sep 2016 09:04NZX
NZX RELEASE
26 September 2016

AUGUSTA ACQUIRES STAKE IN NPT LIMITED

Augusta Capital has agreed to buy 15 million shares in NPT Limited from the
Accident Compensation Corporation for 73 cents per share, a total purchase
price of $10,950,000.  This will give Augusta a 9.26% stake in NPT.

Augusta saw value in acquiring a cornerstone stake in NPT that became
available.  Settlement of the transaction will occur on 30 September 2016.

-ENDS-

For further information please contact:

Paul Duffy     Mark Francis
Chairman     Managing Director
End CA:00289722 For:AUG    Type:GENERAL    Time:2016-09-26 09:04:37
Views: 206
Augusta Capital Limited Ordinary Shares
 1.050 Change:
0.01
0.94%
 
Open:1.060 
High:1.060 
Low:1.060 
Volume:5,000 
Last Traded:07/02/18 09:11:44 
Bid:1.050 
Ask:1.050 
52-Wk High:1.100 
52-Wk Low:0.986