NEW ZEALAND BREWERIES.
CONVERSION Oil; DEBENTURES OPTION LARGELY,ACCEPTED. (By Telegraph.—Press Association.)
, :} WELLINGTON, this day. Out of £750,000 of 10 per cent debentures in New Zealand. Breweries, holders of which were offered until January 10 the option of converting into fully paidup shares at the rate of one share for every twd'debentures, it is reported that holders of approximately 684,700 debentures have availed themselves of this offer. It is anticipated that the company will' exercise its rights and redeem the remainder of the debentures in July, 1933. Shares' are to be allotted on April 1 to those debenture holders who have accepted,the offer.of conversion.
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Auckland Star, Volume LXI, Issue 21, 25 January 1930, Page 10
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103NEW ZEALAND BREWERIES. Auckland Star, Volume LXI, Issue 21, 25 January 1930, Page 10
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