Close sidebar

Auckland Airport to issue shares

written by | January 28, 2010

Auckland International Airport Limited has announced that it plans to raise NZ$126.4m (A$99.6m) in a pro rata entitlement offer.

According to the company, eligible shareholders will be entitled to subscribe to one new share for every 16 shares held on February 1 at NZ$1.65 (A$1.30) each, and will be conducted in four parts aimed at both institutional and retail investors. The funds raised will be used to pay down debt associated with the acquisition of a 24.55 per cent stake in Cairns and Mackay airports during January.

For just $59.95 a year, you can keep up to date with the very best of Australian Aviation each month, directly via our app! Our app is available on mobile, tablet and PC devices. So what are you waiting for? Go digital with Australian Aviation and read up on all missed special coverage, exclusive photos and editions. Subscribe now at


Each day, our subscribers are more informed with the right information.

SIGN UP to the Australian Aviation magazine for high-quality news and features for just $99.95 per year