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Equiticorp float

The public pool for the float by Equiticorp Holdings, Ltd, the new finance company, is already "fairly fully subscribed” with just over a week to go before the opening and closing date of May 16, says the chairman, Mr A. R. Hawkins. The public pool will be allocated on an equitable basis, and consideration is being given to cutting the applications to the minimum subscription of 200 shares, which would give about 18,000 shareholders. Equiticorp is issuing 15M ordinary 40c shares at 50c a share and 15M 13.5 per cent cumulative preference shares at 50c par. The public pool in both issues is 3,750,000 shares.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/CHP19840509.2.135.18

Bibliographic details

Press, 9 May 1984, Page 36

Word Count
107

Equiticorp float Press, 9 May 1984, Page 36

Equiticorp float Press, 9 May 1984, Page 36