Brief: New Zealand Rural Land Company Announced Pro Rata Accelerated Renounceable Entitlement Offer To Raise NZ$20.38 Mln

New Zealand Rural Land

07/06/2022 21:38

June 8 (Reuters) - New Zealand Rural Land Company Ltd
 NZL.NZ :
    * ANNOUNCED A PRO RATA ACCELERATED RENOUNCEABLE ENTITLEMENT
OFFER
TO RAISE APPROXIMATELY NZ$20.38 MILLION (OFFER)
    * NET PROCEEDS OF OFFER WILL BE USED TO FUND ACQUISITION OF
TWO
FURTHER DAIRY ASSETS, ARGYLE DOWNS AND GREENHILL
    * ENTERED AGREEMENTS TO ACQUIRE PROPERTIES IN SOUTHLAND FOR
TOTAL
PURCHASE OF NZ$29 MILLION

Further company coverage:  NZL.NZ 

 ((Reuters.Briefs@thomsonreuters.com;))