NZSE has been undergoing an extensive strategic review of all of its business and infrastructure over the last nine months. As a result of this review, several key initiatives were identified as critical to the company's future success. These included; the rationalization and redevelopment of all aspects of the capital markets, the restructuring of NZSE's legal and regulatory framework, and the reorganisation of NZSE's internal and external operating structures. Much of this work is nearing completion and NZSE is now moving into the next crucial phase of its development.
In conjunction with its proposed listing NZSE also proposes to raise further capital. Further details of NZSE's proposed capital raising will be made available to existing shareholders and released to the market towards the end of May.
This is the full and final statement on this matter at this time.
