Wynyard Group signals IPO and NZX-listing to fuel growth
Posted on 13-May-2013 10:50.
Filed under: News
Wynyard Group is considering raising capital by an Initial Public Offering (IPO) and a listing on the NZX Main Board to accelerate its international growth strategy and meet the growing demand for its solutions.
The company specialises in intelligence-led software and solutions for protecting companies and countries from threat, crime and corruption.
The company is considering making an offer of ordinary shares to New Zealand retail and institutional investors.
The proposed offer would take place within the next two months and would be conditional on NZX Limited accepting Wynyard Groupís shares for listing. There would be no public pool and no provision for over subscriptions.