The company opened a $2m share purchase plan at a 56.7% discount in February.
The New Zealand stock exchange’s regulatory body believes recent volatility in the share price of NZX minnow Marlborough Wine Estates is consistent with announcements it has made.
The company’s chief
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Press Release – Marlborough Wine Estates Group Award winning New Zealand wine company, Marlborough Wine Estates Group Limited (NZX: MWE), is seeking to raise up to $2 million in new capital to progress growth opportunities in both New Zealand and international markets. The funds raised through the Share …
Award winning New Zealand wine company, Marlborough Wine Estates Group Limited (NZX: MWE), is seeking to raise up to $2 million in new capital to progress growth opportunities in both New Zealand and international markets. The funds raised through the Share Purchase Plan (SPP) will be used to retain higher inventory levels to meet expected future demand; investment into marketing, particularly MWE’s online strategy; and international market development.
Wednesday, 17 February 2021, 9:26 am
Award winning New Zealand wine company, Marlborough Wine
Estates Group Limited (NZX: MWE), is seeking to raise up to
$2 million in new capital to progress growth opportunities
in both New Zealand and international markets. The funds
raised through the Share Purchase Plan (SPP) will be used to
retain higher inventory levels to meet expected future
demand; investment into marketing, particularly MWE’s
online strategy; and international market
development.
The Issue Price for the Shares is 25
cents per Share, representing a 56.7% discount to the five
day VWAP (volume weighted average price) during the last
five trading days on the NZX prior to the Record
Wednesday, 17 February 2021, 9:26 am | Marlborough Wine Estates Group Award winning New Zealand wine company, Marlborough Wine Estates Group Limited (NZX:
MWE), is seeking to raise up to $2 million in new capital to progress growth opportunities
in both New Zealand and international markets. The funds raised through the Share . More
Thursday, 23 June 2016, 5:36 pm | Marlborough Wine Estates Group
AUCKLAND, NEW ZEALAND: Premium wine maker, Marlborough Wines Estates Group Limited
(MWE) has today confirmed that it will become the third wine company to list on the
New Zealand stock exchange when it joins the NXT market as a compliance listing next . More