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Genesis Energy Launches NZ$300m Rights Offer at 10.8% Discount to Fuel Growth
7:40am on Wednesday 4th of March, 2026 AEDT
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Energy
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Genesis Energy Launches NZ$300m Rights Offer at 10.8% Discount to Fuel Growth
7:40am on Wednesday 4th of March, 2026 AEDT
Key Points
Underwritten 1 for 7.9 pro rata renounceable rights offer to raise NZ$300 million
Rights offer price set at NZ$2.05, a 10.8% discount to theoretical ex-rights price
Followed a successful NZ$100 million placement including Crown participation
Rights offer shares excluded from upcoming interim dividend
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