Scoop has an Ethical Paywall
Licence needed for work use Learn More

Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search

 

Mighty River Power Letter To Pre-Registered Investors


Mighty River Power Letter To Pre-Registered Investors

Next steps

The Share Offer is expected to open in mid April 2013 and the Share Offer Document will then be available.

The Share Offer Document will contain comprehensive information about Mighty River Power's business, its financial results and prospects, the terms of the Share Offer and a description of the risks associated with investing in Mighty River Power. The information contained in the Share Offer Document should be carefully considered before making a decision whether or not to apply for Mighty River Power shares.

If you go on to apply for Mighty River Power shares, you will need to provide certain information with your application including your IRD number and bank account number. If anyone wanting to apply for shares does not have an IRD number or bank account, you should arrange for these now before the Share Offer opens - they will be required in order to apply.

Buying or selling shares on the share market after the IPO

If you want to either buy or sell Mighty River Power shares on the share market after the IPO you must have:
1. an account with a stockbroker;
2. a Common Shareholder Number (CSN); and
3. an authorisation code (FIN), which is like a PIN for selling shares.

If you don't already have a CSN and FIN, these will be sent to you by the Share Registrar after the shares have been allocated.

If you would like to find out more about buying or selling shares, or the share market, please visit www.governmentshareoffers.govt.nz

Advertisement - scroll to continue reading

© Scoop Media

Advertisement - scroll to continue reading
 
 
 
Business Headlines | Sci-Tech Headlines

 
 
 
 
 
 
 
 
 
 
 
 

Join Our Free Newsletter

Subscribe to Scoop’s 'The Catch Up' our free weekly newsletter sent to your inbox every Monday with stories from across our network.