New Zealand Oil and gas
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News

This section of our website includes all of our media releases, speeches and presentations. You can view a topic using the tag cloud, or by the date archive found on the right hand side.

Tag: Shareholders

Notice Of Issue Of Options Under Share Option Scheme

Posted on 19 March 2020

This notice is given pursuant to NZX Listing Rule 3.13.1. New Zealand Oil & Gas advises that it has issued options to acquire ordinary shares in the Company (“Options”) to certain of its employees. The Options have been issued under the New Zealand Oil & Gas Limited Share Option Scheme (“Scheme”).

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New Zealand Oil & Gas Recommends Scheme of Arrangement With O.G. Oil & Gas at $0.62 Cash Per Share

Posted on 10 July 2019

  • Scheme price agreed at $0.62 per share in cash for all of the approximately 30 per cent of New Zealand Oil & Gas fully paid ordinary shares that O.G. Oil & Gas does not already own.
  • Price is a 25% premium to Tuesday’s closing price.
  • Independent directors unanimously recommend shareholders vote in favour of the scheme, subject to the independent adviser's report concluding that $0.62 per share is within or above its valuation range.

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Minimum shareholdings and Gone No Address holders

Posted on 13 April 2018

New Zealand Oil & Gas has written to shareholders who have less than a minimum holding, and shareholders whose mail is being returned 'Gone No Address'. A copy of the letters to the relevant shareholders is attached.

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Extension of OGOG takeover offer.

Posted on 25 October 2017

OGOG has extended its takeover offer to 9 December 2017

 

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OGOG AGREES TO INCREASE OFFER PRICE FOR NZOG

Posted on 9 October 2017

O.G. Oil and Gas (Singapore) Pte. Ltd. (‘‘OGOG’’) is pleased to announce that it has agreed to increase the price it will offer to shareholders of New Zealand Oil & Gas Limited under its partial takeover offer for up to 67.55% of the New Zealand Oil & Gas shares that it does not already hold or control.  

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ADVISERS APPOINTED FOR PROPOSED O.G. OIL & GAS OFFER

Posted on 21 September 2017

The same advisers who assisted the independent response committee of New Zealand Oil & Gas to respond to a partial takeover offer from Zeta Energy have been retained to assist with the response to a proposed new offer, from O.G. Oil & Gas.

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Target Company Statement Released

Posted in Shareholders; Posted on 15 September 2017

Independent Directors confirm their recommendation to reject Zeta's partial offer
 
The Target Company Statement prepared by New Zealand Oil & Gas in response to the partial offer by Zeta Energy Pte Limited is attached.    The Statement has been prepared in accordance with the Takeovers Code, and will be sent to New Zealand Oil & Gas shareholders shortly, and in any event on or before 22 September 2017.

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TAKE NO ACTION ON THE ZETA OFFER

Posted on 11 September 2017

TAKE NO ACTION  ON THE ZETA OFFER. New Zealand Oil & Gas has indications of a  superior offer from O.G. Oil & Gas Limited.


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Employee Share Option Securities

Posted on 20 July 2017

The date when some partly-paid shares in the New Zealand Oil & Gas employee share ownership plan can be exercised has been brought forward.

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Shareholder Invitation To Meet CEO

Posted on 18 July 2013

This is an informal occasion for shareholders where you're welcome to meet NZ Oil & Gas CEO Andrew Knight and ask him anything you like about the company, including its performance and direction, and to share your views.

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