Blandford Lodge Aust, sales
PA Wellington The horse breeder, Blandford Lodge, Ltd, has received consent from the Overseas Investment Commission to issue up to 50 per cent of its share capital to “overseas persons.”. The approval means Blandford has been able to allot shares to a number of individual Australian investors who applied for an allocation.
The approval w’ill enable Australian investors to trade in the company’s shares on the New Zealand Stock Exchange, once it is listed.
The company said the allotment of the issue was complete and scrip would be mailed to shareholders during the weekend. Listing is expected on June 26.
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Press, 22 June 1985, Page 21
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104Blandford Lodge Aust, sales Press, 22 June 1985, Page 21
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