NZX Trading Press Releases

Burgerfuel announce on the NZX this morning that they have completed a sale of the Master License for the rights to their brand in Iraq. The sale is being promoted as the fourth territory in the Middle East including UAE, Saudi Arabia and Bahrain.

Heritage Gold announces that the IPO of Broken Hill, a base metal explorer completes the successful raising of $4.5 million. BPL is now expected to list on the NZ and AU stock exchanges.

Diligent announces through the NZX that it is commencing operations in the Asia Pacific region.

Update from Lend Lease Corporation Limited Stapled Securities (LLC) confirming more than 95% of the eligible plaintiffs have submitted documents opting into the current settlement agreement in the US.

Property For Industry (PFI) a listed industrial property investor announces on the NZX that it has secured a new five-year bank debt facility of $150 million.

A partial takeover offer for Michael Hill International Limited (MHI) has been announced today by interests associated with the company’s founder Michael Hill.

Air New Zealand releases its monthly investor update along with July market conditions and latest company news.

NZX Market Supervision (NZXMS) announces amendments related to the introduction of NZX’s new clearing and settlement system. Amendments are to the NZSX/NZDX Listing Rules and the NZAX Listing Rules replacing the previous notice dated 25 June 2010.

Downer announces its Mining Division has signed contracts through to June 2015 with BHP Billiton Mitsubishi Alliance resulting in improved productivity and returns for Downer mines in the Bowen Basic, Central Queensland.

SKY Television announces to the market the purchase of outside broadcast operator OnSite Broadcasting (NZ) Limited (OSB New Zealand) stating an intention to market their services in New Zealand.

John Duncan, Torchlight MD confirmed the $100m loan arranged for South Canterbury Finance (SCF) was unaffected by the statutory management of Allan and Jean Hubbard business interests.

Christchurch City Holdings (a major shareholder of Lyttelton Port Company) advises that it is in principle supportive of a proposed merger with Port of Otago.

The NZX have advised that Telecom Corporation of New Zealand have placed a trading halt on all Ordinary Shares pending an announcement by the company.

Dairy Equity Chairman Peter Jensen confirms that it will make a distribution and delist on 23 April 2010.

Online accounting software company Xero enters into agreement with Schola Technologies to deliver an integrated online school management system for roll out in the 2011 school year.

CEO of Renaissance Corporation, Richard Webb’s detailed review delivers a forecast for the 2010 calendar year of an expected top line revenue of $205 million and an EBITDA of $3.5 million.

Restaurant Brands annual sales were $317.8m, an increase of 2.8% on the 53 week prior year, with KFC being the main driver of the total sales growth.

Briscoe Group announce unaudited sales for the quarter ending 31 January 2010 are up 14.32% than the same quarter the year before.