Bancorp Wealth Management New Zealand Ltd.
Bancorp announces listing on Frankfurt Stock Exchange Entry Standard
Bancorp Wealth Management New Zealand Limited / Key word(s): Miscellaneous/Miscellaneous Bancorp announces listing on Frankfurt Stock Exchange Entry Standard Auckland, New Zealand, 2 August 2013 – Bancorp Wealth Management New Zealand Limited (Bancorp, ISIN: NZBWME0001S2) today announced its intended listing on the Entry Standard of the Frankfurt Stock Exchange. The initial listing is expected to take place in August 2013. A capital increase is not intended in the context of the listing. Further details of the listing will be announced at a later date. New Zealand’s leading banking group in private and investment banking with an international focus 2011/2012 financial year: Sales increase and expansion of market position ‘By listing Bancorp on the Entry Standard of the Frankfurt Stock Exchange we hope to raise the visibility and liquidity of our shares and address further potential investors. Bancorp will then be the only New Zealand company to be listed in the Entry Standard. The expansion of our capital market presence runs parallel to the growth of operating activities in our divisions, and is therefore another systematic step in the growth strategy we have embarked on,’ said Craig Brownie, Managing Director of Bancorp Wealth Management New Zealand Limited. About Bancorp Group Bancorp Wealth Management New Zealand Limited (ISIN: NZBWME0001S2) and its subsidiaries are a banking group based in New Zealand that provides predominantly Asian clients with banking services and investment opportunities in New Zealand. Under its internationally oriented ‘Aviation’ division, the company holds equity investments in the field of aviation financing, insurance brokers and aviation-related companies, e.g. such as in the airport transportation company Auckland Airbus Ltd. Bancorp Wealth Management New Zealand Limited acts as a holding company. Its operating activities are conducted by 13 subsidiaries and equity investments. It is intended to admit the shares of Bancorp Wealth Management New Zealand Limited to trading in the Entry Standard of the Frankfurt Stock Exchange before the end of the third quarter of 2013. End of Corporate News 02.08.2013 Dissemination of a Corporate News, transmitted by DGAP – a company of EQS Group AG. The issuer is solely responsible for the content of this announcement. DGAP’s Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de |
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