NZX Announcements

External Management Proposal – Special Meeting to be Called

External Management Proposal – Shareholders to Vote at Special Meeting The Board of NPT Limited (NZX: NPT) advises that a binding agreement has now been entered into between NPT and Augusta Capital Limited (NZX: AUG) to externalise the management of NPT, following a comprehensive due diligence process and negotiation of terms.While the agreement is binding, … [Read more…]

Sale of Property – 17 Print Place, Christchurch

NPT Limited (NZX: NPT) advises it has accepted an offer for the sale of its Print Place, Christchurch property.The NPT Board formed a view that this property no longer fits with its preferred strategy for the future of NPT and therefore should be sold.Print Place is an industrial property in Christchurch. Although higher than average … [Read more…]

NPT Limited – FY 2018 Interim Results

NZX-listed property company NPT Limited today released its Interim Report and Interim Results Presentation for the six months ended 30 September 2017. Key Points (prior period to 30 September 2016 figures in brackets). • Net profit before tax increased by 6.35% to $3.066m ($2.883m). • Net profit after tax decreased by 4.74% to $2.411m ($2.531m). … [Read more…]

External Management Proposal Received From Augusta

NZX Announcement – 28 November 2017 NPT Limited (NZX: NPT) advises that, following receipt of a proposal from Augusta Capital Limited (NZX: AUG), it has entered into an agreement in principle on key terms to externalise the management of NPT to Augusta. The agreement is non-binding and is subject to due diligence by both parties, … [Read more…]

NPT Limited Sells Interest in 99 Albert Street, Auckland

NPT Limited (NZX: NPT) advises that on 31 August 2017 it entered into a conditional agreement to sell its interest in the AA Centre at 99 Albert Street, Auckland Central. The agreement became unconditional on 12 October and the sale is now confirmed. The purchaser is SkyCity Entertainment Group Limited, (NZX: SKC) and the agreed … [Read more…]

2017 Annual Meeting and Chairman’s Address

2017 ANNUAL MEETING – ADDRESS AND PRESENTATION NPT Limited has provided NZX with a copy of the Chairman’s address and the presentation for the 2017 Annual Meeting being held in Auckland today.ENDSFor further information please contact: Tony Osborne Chief Executive Officer NPT Limited Telephone: 09 375 9081   Address and Presentation 2017 Chairmans Address 2017 … [Read more…]

Notice of Annual Meeting

10 AUGUST 2017 NPT Limited has today provided NZX with a copy of its 2017 Notice of Annual Meeting. The Annual Meeting will be held at Link Market Services, Level 11, Deloitte Centre, 80 Queen Street, Auckland on Friday 25 August 2017 commencing at 11.00am. FINAL NPT Notice of Meeting 2017

NPT FY17 Annual Report

NPT LIMITED – ANNUAL REPORT, ANNUAL MEETING AND DIRECTOR NOMINATIONS NPT Limited today released its 2017 Annual Report. This follows the announcement on 31 May 2017 of the FY17 financial results. The Annual Report document is available below and has been sent to those shareholders that have elected to have a copy posted to them. … [Read more…]

NPT 2017 Result Announcement

For the financial year ending 31 March 2017, NPT Limited (NZX: NPT) reports that a steady operating performance was over-shadowed by a reduction in the value of some properties and costs associated with the Kiwi Property proposal that did not proceed. Highlights include: • An improvement in rental income, even considering that some space was … [Read more…]

FY17 Q4 Dividend

NPT LIMITED FY17 FOURTH QUARTER DIVIDEND NPT Limited has announced a fourth quarter cash dividend for the financial year ending 31 March 2017 of 0.90 cents per share, in line with guidance. The dividend will carry imputation credits of 0.1544 cents per share. The record date for this dividend will be 2 June 2017, with … [Read more…]