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PGG Wrightson to release interim result early


PGG Wrightson Ltd is bringing forward the release of its interim results to February 7, the day it will release a target statement in reply to a partial takeover bid from China's Agria.

NZPA and NBR staff
Mon, 24 Jan 2011
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.

PGG Wrightson Ltd is bringing forward the release of its interim results to February 7, the day it will release a target statement in reply to a partial takeover bid from China's Agria, which was sent today.

PGG Wrightson today again warned shareholders to wait before deciding whether or not to accept the 60 cent a share offer designed to increase Agria's holding to 50.01 percent. PGG Wrightson [NZX:PGW] shares were trading at 52 cents today.

PGG Wrightson said the target company statement will contain detailed information, a formal recommendation from the board and independent commentary from advisers Grant Samuel.

NZPA and NBR staff
Mon, 24 Jan 2011
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.

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PGG Wrightson to release interim result early
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