L. D. NATHAN ISSUE
None For South Island
None of the 300,000 shares in the forthcoming L. D. Nathan issue will be offered to South Island investors. Advice'to this effect has been received from Campbell, Craig and Company, Ltd, underwriters to the issue, by the Christchurch Stock Exchange. The company is making an offer of 300.000 ordinary £1 shares at a premium of 5s for public subscription. The old-established Auckland merchant house has been, up till, now, a private company.
“The directors of Nathans are placing the issue almost entirely in the Auckland province with a view to obtaining the benefit of shareholder-consumer relations in the area where they do most of their business,” the underwriters’ letter says.
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Bibliographic details
Press, Volume XCIX, Issue 29278, 9 August 1960, Page 17
Word Count
118L. D. NATHAN ISSUE Press, Volume XCIX, Issue 29278, 9 August 1960, Page 17
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Acknowledgements
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