WOOLWORTHS (N.Z.) ISSUE
Tlie board oi' Woolworths (N.Z.) aoproved the issue, at a premium ot 10s. of 311,304 ordinary shares of 5s each, to be offered to ordinary shareholders, registered on April 15 in the proportion ot one new share for each eight ordinaly shares then held. The terms of the issue are 15s per share in cash on application, to be received before July 15, Shares not applied for by that date, together with fractions, will be sold by the directors and surplus proceeds paid to the shareholders concerned. The new shares rank equally with the existing ordinary shares in respect of ordinary dividends declared after July 15.
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https://paperspast.natlib.govt.nz/newspapers/ODT19480313.2.15.9
Bibliographic details
Otago Daily Times, Issue 26719, 13 March 1948, Page 3
Word Count
109WOOLWORTHS (N.Z.) ISSUE Otago Daily Times, Issue 26719, 13 March 1948, Page 3
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