News | Business
19 Apr 2024 16:53
NZCity News
NZCity CalculatorReturn to NZCity

  • Start Page
  • Personalise
  • Sport
  • Weather
  • Finance
  • Shopping
  • Jobs
  • Horoscopes
  • Lotto Results
  • Photo Gallery
  • Site Gallery
  • TVNow
  • Dating
  • SearchNZ
  • NZSearch
  • Crime.co.nz
  • RugbyLeague
  • Make Home
  • About NZCity
  • Contact NZCity
  • Your Privacy
  • Advertising
  • Login
  • Join for Free

  •   Home > News > Business

    Air New Zealand shares are likely to be in a trading halt today as it completes its capital raising

    Air New Zealand shares are likely to be in a trading halt today as it completes its capital raising


    Air New Zealand
    Air New Zealand
    The airline's rights offer period has ended and it has started the next step of undertaking a bookbuild for shares not taken up today.

    The Rights Offer is still expected to be completed on Monday.

    Approximately 88 percent of the New Shares have been taken up.

    The company is undertaking a bookbuild of approximately 274-million shares

    It has applied for a trading halt which will start prior to the market opening today, in order to undertake the bookbuild process.

    © 2024 Newstalk ZB, NZCity

     Other Business News
     19 Apr: The Auckland Ratepayers Alliance says the latest Government measure to ease rates, only solves a small part of the problem
     19 Apr: Larger than life
     19 Apr: Households will need to keep spending tight for another year yet
     19 Apr: Experts are forecasting more financial pressure for households, continuing into late next year
     18 Apr: The Reserve Bank may have to make some unpopular decisions
     17 Apr: Taylor Swift may get a tiny bit of the blame, for inflation and interest rates staying higher longer
     17 Apr: Inflation is slowing, but many New Zealanders are still getting poorer
     Top Stories

    RUGBY RUGBY
    Pole vaulter Eliza McCartney is proud of coming out the other side of years of injuries to make her return to the New Zealand track and field squad for this year's Paris Olympics More...


    BUSINESS BUSINESS
    The Auckland Ratepayers Alliance says the latest Government measure to ease rates, only solves a small part of the problem More...



     Today's News

    Motorsports:
    The Supercars are back in the garage at Taupo after just one practice on the new track 16:48

    Entertainment:
    Jimmy Fallon used to do stand-up comedy outside a grocery store as he tried everything "to get famous" 16:40

    Rugby:
    Pole vaulter Eliza McCartney is proud of coming out the other side of years of injuries to make her return to the New Zealand track and field squad for this year's Paris Olympics 16:27

    Rugby League:
    Warriors and Queensland second-rower Kurt Capewell has joined the chorus of support for Wayde Egan to play in rugby league's State of Origin 16:17

    Entertainment:
    Zendaya "doesn't know" if 'Euphoria' will return for a third season 16:10

    International:
    Solomon Islands election sees prominent China critic regain seat as counting continues 16:07

    Entertainment:
    Two men who claimed to have been tricked into watching 'Yesterday' because Ana de Armas featured in the trailer have settled their false advertising case 15:40

    Rugby:
    Zoe Hobbs insists she's ready for the big lights and atmosphere of an Olympics 15:27

    Entertainment:
    Shannen Doherty has scrapped plans for an emotional tattoo tribute to late father due to risk of infection 15:10

    Law and Order:
    Justice for Christchurch mother Angela Blackmore -- nearly three decades on from her murder 15:07


     News Search






    Power Search


    © 2024 New Zealand City Ltd