ALLOTMENT BY WOOLWORTHS
Payment For Properties fN.Z. Press Association) WELLINGTON. May 1. Woolworths, Ltd., advise that an allotment of 1,694,600 ordinary shares of 5s each has been made. These shares rank pari passu with the existing paid up capital, except that they do not participate in the dividend due and payable on May 15, 1961. This allotment has been made at a substantial premium in respect of the purchase of Gordons store in Broken Hill and freehold properties including Southport and Townsville in Queensland, and in connexion with the erection of new warehouses in Queensland. Victoria and West Australia, and for a new meat processing factory in New South Wales.
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Bibliographic details
Press, Volume C, Issue 29502, 2 May 1961, Page 17
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110ALLOTMENT BY WOOLWORTHS Press, Volume C, Issue 29502, 2 May 1961, Page 17
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