The $1.44 shares were snapped up quickly
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Hi all, could someone please enlighten me as to what happens to your shareholding when the de-listing occurs? Does the company purchase the shares off the shareholders and then subsequently arrange for the ASX IPO?
TIA
Its not delisting at all. The primary listing may change to the ASX, but the share will still traded on NZX too.
As per the recent announcement:
"This may involve Plexure moving its primary listing from the New Zealand Stock Exchange (NZX) to the ASX and re-classifying its current NZX listing as an NZX Foreign Exempt listing, which would allow its shares to continue to be quoted on the NZX."
Cool, thanks guys.