Author: Andrew

NPT Limited shareholders voted today to approve the externalisation of the management of NPT to Augusta Funds Management Limited, a subsidiary of Augusta Capital Limited (NZX: AUG), at a Special Meeting of Shareholders. 96.71% of votes cast were in favour of the resolution put to shareholders to approve the externalisation proposal. The transaction was conditional … [Read more…]

Please read the attached papers for the 2pm Special Shareholder Meeting on the 19th of March 2018. Chairman’s Address Chairman’s Presentation Augusta Presentation      

NPT Limited (NZX: NPT) advises that a Notice of Meeting has been sent to all shareholders for a special meeting to consider and vote on a proposal to externalise the management of NPT to Augusta Funds Management Limited, a wholly-owned subsidiary of Augusta Capital Limited (NZX: AUG).  The meeting is to be held at 2pm … [Read more…]

External Management Proposal – Shareholders to Vote at Special Meeting The Board of NPT Limited (NZX: NPT) advises that a binding agreement has now been entered into between NPT and Augusta Capital Limited (NZX: AUG) to externalise the management of NPT, following a comprehensive due diligence process and negotiation of terms.While the agreement is binding, … [Read more…]

NPT Limited (NZX: NPT) advises it has accepted an offer for the sale of its Print Place, Christchurch property.The NPT Board formed a view that this property no longer fits with its preferred strategy for the future of NPT and therefore should be sold.Print Place is an industrial property in Christchurch. Although higher than average … [Read more…]

NZX-listed property company NPT Limited today released its Interim Report and Interim Results Presentation for the six months ended 30 September 2017.  Key Points (prior period to 30 September 2016 figures in brackets). � Net profit before tax increased by 6.35% to $3.066m ($2.883m). � Net profit after tax decreased by 4.74% to $2.411m ($2.531m). … [Read more…]

NZX Announcement � 28 November 2017 NPT Limited (NZX: NPT) advises that, following receipt of a proposal from Augusta Capital Limited (NZX: AUG), it has entered into an agreement in principle on key terms to externalise the management of NPT to Augusta. The agreement is non-binding and is subject to due diligence by both parties, … [Read more…]

NPT Limited (NZX: NPT) advises that on 31 August 2017 it entered into a conditional agreement to sell its interest in the AA Centre at 99 Albert Street, Auckland Central. The agreement became unconditional on 12 October and the sale is now confirmed. The purchaser is SkyCity Entertainment Group Limited, (NZX: SKC) and the agreed … [Read more…]

2017 ANNUAL MEETING – ADDRESS AND PRESENTATION NPT Limited has provided NZX with a copy of the Chairman�s address and the presentation for the 2017 Annual Meeting being held in Auckland today.ENDSFor further information please contact: Tony Osborne Chief Executive Officer NPT Limited Telephone: 09 375 9081    Address and Presentation 2017 Chairmans Address 2017 … [Read more…]

10 AUGUST 2017 NPT Limited has today provided NZX with a copy of its 2017 Notice of Annual Meeting. The Annual Meeting will be held at Link Market Services, Level 11, Deloitte Centre, 80 Queen Street, Auckland on Friday 25 August 2017 commencing at 11.00am. FINAL NPT Notice of Meeting 2017