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Infratil Investments to Sell 53.5 Million Contact Energy Shares for NZ$495 Million
10:00am on Thursday 1st of January, 1970 AEST
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Energy
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Infratil Investments to Sell 53.5 Million Contact Energy Shares for NZ$495 Million
10:00am on Thursday 1st of January, 1970 AEST
Key Points
Infratil Investments underwriting sale of 53.5 million Contact Energy shares
Sale price fixed at NZ$9.25 per share, gross proceeds NZ$495 million
Stake reduces from 14.3% to 14.1% in Contact Energy
Escrow restrictions on remaining shares until FY26 results
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