close
MENU
Business
2 mins to read

NZX rejects ‘outlandish’ shareholder demands

Battle lines drawn in investor vs stock exchange battle.

Tim Hunter
Mon, 08 Oct 2018

Stock exchange operator NZX has come out fighting in response to demands from activist investor Elevation Capital made in a proposed “standstill agreement” last week.

In a statement this morning the NZX said it rejected “six unreasonable demands” from Elevation, whose funds own about

Want to read more? It's easy.

Choose your best value subscription option

Student

Exclusive offer for uni students studying at a New Zealand university (valued at $499).
Individual
Group membership
NBR Marketplace
NZ Aviation News

Yearly Premium Online Subscription

NZ$499.00 / yearly

Monthly Premium Online Subscription

NZ$44.95 / monthly

Smartphone Only Subscription

NZ$24.95 / monthly

Premium Group Membership 10 Users

NZ$350+GST / monthly

$35 per user - Pay by monthly credit card debit

Premium Group Membership 20 Users

NZ$600+GST / monthly

$30 per user - Pay by monthly credit card debit

Premium Group Membership 50 Users

NZ$1250+GST / monthly

$25 per user - Pay by monthly credit card debit

Premium Group Membership 100 Users

NZ$1875+GST / monthly

$18.75 per user - Pay by monthly credit card debit

Yearly Premium Online Subscription + NBR Marketplace

NZ$499.00 / yearly

Aviation News - Monthly

NZ$14.95 / monthly

Already have an account? Login
Tim Hunter
Mon, 08 Oct 2018
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
NZX rejects ‘outlandish’ shareholder demands
Business,
76734