| TEKAIRANGA
Te
Kairanga Wines Limited
Description:
* "Te Kairanga is the
perfect place to enjoy fine wine and warm hospitality. If you can’t
visit us, the spirit of Te Kairanga (TK to our friends) need only be as
far away as your cellar, your local wine store or, your favourite
restaurant. One day we hope to welcome you to our place. In the meantime,
come on in and get to
know us and our
wine a little better."
*
"Te Kairanga Wines Joins Unlisted
Unlisted Manager Bruce Cossill today announced that Te Kairanga Wines
Limited will become the 24th issuer and 27th security currently quoted on
Unlisted.
Mr Cossill said “We are delighted to welcome Te Kairanga Wines Limited
to the Unlisted securities trading facility. Te Kairanga becomes the third
vineyard quoted, joining Terra Vitae Vineyards and Martinborough Vineyard
Estates. Te Kairanga ordinary shares will be quoted and traded on Unlisted
from next Monday 19 November using the stock code TEKAIRANGA.
“Recent Unlisted issuer activity has included Syft Technologies’
rights offer and the addition of Syft Warrants to the facility, and
Martinborough Vineyard Estates’ and Rural Equities’ announcements of
impending rights issues. The addition of Te Kairanga Wines provides
further confirmation of the range of benefits available to Unlisted
issuers by becoming publicly quoted and traded.
“Since its launch in December 2003 Unlisted has transacted over 6,000
trades of 109 million shares worth $114 million. The aggregate market
capitalisation of all securities quoted on Unlisted is now above the $1
billion mark. Strong and growing trading volumes and values illustrate
Unlisted’s ongoing contribution to the New Zealand capital markets,
showing Unlisted continues to provide reliable price transparency,
liquidity and choice.
“We will continue to market the facility to corporate advisors, brokers
and company directors as a real option to be considered when companies
think about the securities trading environment they want to provide their
shareholders. Discussions are continuing with other potential issuers who
are currently considering their trading arrangements, and we expect to be
able to make further announcements in the near future.”
Bruce Cossill
Manager, Unlisted"
Website: http://tekairanga.co.nz/
Recent announcements: click here
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