NZX Announcements

NPT Shareholder Update

Dear Shareholder, Further to the recent Notice of Special Meeting and information mailed to you, the NPT Board wishes to respond to recent public statements made by Salt Funds Management (Salt) regarding Kiwi Property Group’s (Kiwi Property) proposal for the future of NPT, and to offer some context and perspective. We wish to highlight that … [Read more…]

Announcement of NPT Shareholder Meeting

NPT and Kiwi Property agree terms – Notice of Meeting issued Kiwi Property Proposal NPT Limited advises shareholders that it has now finalised terms and entered into conditional agreements with Kiwi Property Group Limited (Kiwi Property) to give effect to the proposal it received from Kiwi Property (Kiwi Property Proposal) in December last year. A … [Read more…]

Update on Proposed Transaction with Kiwi Property Group Limited

27 March 2017 NZX Announcement from NPT Limited UPDATE ON PROPOSED TRANSACTION WITH KIWI PROPERTY GROUP LIMITED NPT Limited (NPT) wishes to update shareholders that, further to its announcement of 3 March 2017, it expects to conclude arrangements with Kiwi Property Group Limited (Kiwi Property) regarding its proposal to NPT in the next few days, and to … [Read more…]

Chairman Sir John Anderson Retires From NPT Board

NPT (NZX: NPT) wishes to announce the retirement today of its Chairman, Sir John Anderson, following a six year tenure on the Board. Sir John joined in 2011 and has guided the Company through its transition from a property trust to its present structure. He signalled his intention to retire this position some months ago, … [Read more…]

FY17 Q3 Dividend

NPT Limited has announced a third 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 16 March 2017, with payment to be made to shareholders … [Read more…]

NPT Shareholder Update

Dear NPT Shareholder, The Board wishes to provide all NPT shareholders with an update on negotiations with Kiwi Property Group Limited regarding its proposal for the future of NPT, as well as plans for a Special Shareholders Meeting to discuss this and related issues as soon as possible. Negotiations with Kiwi Property Group are progressing … [Read more…]

Market Announcement – Discontinuance of Legal Action By Augusta

11 January 2017 Discontinuance of legal action by Augusta NPT Limited (NZX: NPT / ‘the Company’) advises that Augusta Limited (NZX: AUG) has discontinued its High Court proceeding against NPT relating to the timing of an upcoming Shareholder meeting to consider resolutions proposed by Augusta, including the composition of the NPT Board. This means that … [Read more…]

Shareholder Update

5 December 2016 Dear Shareholder, RE: IMPORTANT INFORMATION REGARDING THE FUTURE OF NPT AND YOUR INVESTMENT This letter is a follow up to recent NZX market announcements regarding the future of NPT Limited. The Board of Directors and the management of NPT want to ensure that all shareholders are kept well informed. In the event … [Read more…]

Market Announcement

2 December 2016 Market Announcement from NPT: Board restates commitment to February shareholder meeting – legal proceedings “unfortunate distraction”                                                                                    NPT advises that the High Court has scheduled a hearing date of February 10, 2017, to consider Augusta Capital’s application to require NPT to hold a shareholder meeting as soon as reasonably possible. The timing considerations … [Read more…]