Scoop has an Ethical Paywall
Winding Up Of ADR Programme Confirmed
Tenon Confirms Winding Up Of ADR Programme And Asx Delisting
Auckland, 24 August, 2004 – Tenon announced today that it has given notice to the depositary to wind up its American Depositary Receipt (“ADR”) Programme. The Programme will be formally terminated effective 30 September 2004. The depositary will be notifying ADR holders separately advising them of the steps they are required to take as a consequence of the termination of the Programme.
The consequential de-listing from the NYSE will be effective from the time of the termination of the ADR Programme. Tenon also advised that it was progressing with its previously announced intention to delist from the Australian Stock Exchange.
ENDS
Advertisement - scroll to continue reading
Great Journeys New Zealand: Travel Down Memory Lane With The Return Of The Southerner
WorkSafe NZ: Overhead Power Lines Spark Safety Call
Transpower: Transpower Seeks Feedback On Electricity Investment Short-list For Upper South Island
Commerce Commission: “Cheating The System” – Sentencing In Country’s First Criminal Cartel Case
Kiwi Economics: The Government’s Books Are Hard To Balance. Lower Productivity, Lower Tax, Higher Spend
Watercare: Watercare’s $13.2 Million Solution To Lift Long-term No-swim Warning At Judges Bay
