Archive: August, 2017

Annual Result

Posted on 29 August 2017

  • NPAT $52.6 million
  • NPAT attributable to shareholders: $62.7 million.
  • Dividend of 4cps, fully imputed.

New Zealand Oil & Gas has recorded a net profit after tax of $52.6 million.

Net profit after tax attributable to shareholders of the group was $62.7 million. 

Last year the company recorded a loss of $51.8 million.

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Receipt of Takeover Notice

Posted in Shareholders; Posted on 10 August 2017

Pursuant to rule 42 of the Takeovers Code Approval Order 2000 (the Code), New Zealand
Oil & Gas Limited (NZX: NZO) gives notice that it has today received notice under rule 41 of the Code (Takeover Notice) from Zeta Energy Pte Limited (Zeta) of Zeta’s intention to make a partial takeover offer under the Code to acquire an additional 41.955% of each class of the shares in NZO not currently held or controlled by Zeta. If successful, the offer would result in Zeta holding or controlling no less than 50.01% of the voting rights in NZO.

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