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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

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
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PGG Wrightson to release interim result early
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