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11 Jul 2025 18:47
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  •   Home > News > Business

    Air New Zealand shares are likely to be in a trading halt today as it completes its capital raising

    Air New Zealand shares are likely to be in a trading halt today as it completes its capital raising


    Air New Zealand
    Air New Zealand
    The airline's rights offer period has ended and it has started the next step of undertaking a bookbuild for shares not taken up today.

    The Rights Offer is still expected to be completed on Monday.

    Approximately 88 percent of the New Shares have been taken up.

    The company is undertaking a bookbuild of approximately 274-million shares

    It has applied for a trading halt which will start prior to the market opening today, in order to undertake the bookbuild process.

    © 2025 Newstalk ZB, NZCity

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    People hoping to get their hands on cheaper butter, via fundraisers, may have to wait a little longer More...



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