Long-standing Ryman shareholder Cumming diluted in raise
The wealthy Canadian only took up 19% of his entitlement under the offer.
Ryman’s Bruce McLaren village.
Ex-Ryman director and long-term shareholder Geoffrey Cumming has had his stake diluted after declining to take up his full allocation in the company’s recent $1 billion equity raise .
A substantial product holder (SPH) notice released to the stock exchange this afternoon showed Cumming’s
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