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Heartland sets share purchase plan price


Financial services group Heartland New Zealand has set the price for its $35 million share purchase plan at 52.2c a share.

NBR staff
Fri, 26 Aug 2011

Financial services group Heartland New Zealand has set the price for its $35 million share purchase plan at 52.2c a share.

The issue price represents a discount of 5% to the average end of day market price of Heartland shares over the five day trading period from August 19 to August 25.

Existing shareholders may buy up to $15,000 of the new shares each.Heartland shares to be issued under the SPP are expected to be issued on August 31 2011.

NBR staff
Fri, 26 Aug 2011
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Heartland sets share purchase plan price
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