Saturday, 20 April 2024

Wellington Drive Technologies Limited Ordinary Shares

Recent Announcements
  • 23% revenue growth Q3 2017 and 2018 profit target confirmed

    08:31 | 17/11/17
    NZX
    Q3 2017 summary o Continued strong revenue growth with NZD revenue increasing 23% to NZ $7.8m. In USD terms, revenue was 28% higher at USD $5.7m compared to USD $4.4m in 2016. Year to date revenues are tracking 26% higher than 2016, demonstrating Wellington Drive''s continued product sales momentum and success with new customer wins. o EC Motor volumes increased 14% year-on-year and SCS Connect volumes increased 260% over the same period i more»
  • Wellington Drive secures short-term loan facility

    15:00 | 2/10/17
    NZX
    Wellington Drive Technologies Limited (NZX:WDT) advises that the Company has entered into a short-term standby loan facility with Meta Capital Limited. Meta Capital Limited is a company owned and controlled by John McMahon, a director of Wellington. The loan facility was approved by the independent directors of Wellington. The amount of the loan facility is USD 600,000 and can be drawn down at any time before 1 December 2017. If drawn d more»
  • WDT 2017 half year shows revenue and profit improvements

    11:13 | 25/8/17
    NZX
    Wellington Drive announces further significant revenue growth and profit improvement. The Company''s 2017 Interim Report is now released. Highlights for the first half of 2017 include: ? Significant revenue growth: NZ Dollar revenue was $23.8 million, a 27% increase compared to the same period last year. In US Dollar terms revenue increased by 34% to US$17.1m from US$12.7m. ? Gross margin continues to improve: Gross Margin increased to more»
  • Exclusive distribution agreement with Alaska Refrigeration

    09:57 | 14/8/17
    NZX
    Wellington Drive announces exclusive agreement with Alaska Refrigeration for the sales and distribution of its SCS Connect system in Vietnam. Alaska Refrigeration www.alaska.vn is a refrigeration equipment manufacturer and distributor based in Vietnam, supplying a wide range of appliances for domestic and commercial applications. Wellington''s CEO, Greg Allen said; "The agreement with Alaska is another indication of the increasing impor more»
  • D&O Ongoing Disclosure for Gottfried Pausch

    08:30 | 12/7/17
    NZX
    Please see attached an Ongoing Disclosure Notice for Gottfried Pausch of Wellington Drive Technologies Limited ("WDT"). End CA:00303889 For:WDT Type:SHINTR Time:2017-07-12 08:30:05 more»
  • Wellington Drive debt facility extension to support growth

    16:02 | 30/6/17
    NZX
    Wellington Drive Technologies Limited (NZX:WDT) advises that it has agreed with Smartshares Limited (formerly SuperLife Limited) an extension to term of its NZ$2.0 million loan facility. The loan which was previously due for repayment on 22nd September 2017 will now be repayable on 22nd March 2019. The key features of the loan facility are: o It is an unsecured loan for a maximum of NZ$2.0 million to be drawn as required; o Interest is  more»
  • Disclosure Of Director''s Relevant Interests

    14:23 | 6/6/17
    NZX
    Please find attached Relevant Interests disclosure for WDT. End CA:00302205 For:WDT Type:SHINTR Time:2017-06-06 14:23:48 more»
  • WDT - Director and senior manager relevant interest notices

    13:40 | 23/5/17
    NZX
    Please see attached disclosure of relevant interest notices for Wellington Drive Technologies Limited. End CA:00301568 For:WDT Type:SHINTR Time:2017-05-23 13:40:44 more»
  • SPH Notice - Smartshares Limited

    08:36 | 23/5/17
    NZX
    Disclosure of movement of 1% or more in substantial holding or change in nature of relevant interest, or both Sections 277 and 278, Financial Markets Conduct Act 2013 Note: This form must be completed in accordance with the instructions at the end of the form. To NZX Limited and To Wellington Drive Technologies Limited Relevant event being disclosed: Movement of 1% or more in substantial holding Date of relevant event: 19 May 2 more»
  • Confirmation of conversion of preference shares

    08:37 | 22/5/17
    NZX
    Wellington Drive Technologies Limited (Wellington) advises that its mandatory convertible preference shares (MCPS) converted to ordinary shares at 5 p.m. on 19 May 2017 on a 1:1 basis in accordance with the terms of issue of the MCPS set out in the Offer Document dated April 2014. Under the terms of issue, if the average weighted market share price (as calculated under the Offer Document) is more than 24 cents, each MCPS is to be converted  more»
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