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Oliver Mander: Shareholders' Association CEO unsure about the Warehouse Group's plan for shares

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Content provided by NZME and Newstalk ZB. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by NZME and Newstalk ZB or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ro.player.fm/legal.

It's unclear what the Warehouse Group's next steps will be.

Founder Sir Stephen Tindall, who remains a majority shareholder, has shown potential interest in acquiring its shares with Andamantem Capital Partners.

The company has confirmed it's received an approach, and is advising investors not to sell shares, pending further advice from directors.

Shareholders' Association CEO Oliver Mander says they're not sure what to make of the approach.

"We don't know what it is, it's not a classic non-binding offer - which is someone kicking the tires. It certainly isn't a scheme arrangement."

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7308 episoade

Artwork
iconDistribuie
 
Manage episode 430105787 series 2098282
Content provided by NZME and Newstalk ZB. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by NZME and Newstalk ZB or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ro.player.fm/legal.

It's unclear what the Warehouse Group's next steps will be.

Founder Sir Stephen Tindall, who remains a majority shareholder, has shown potential interest in acquiring its shares with Andamantem Capital Partners.

The company has confirmed it's received an approach, and is advising investors not to sell shares, pending further advice from directors.

Shareholders' Association CEO Oliver Mander says they're not sure what to make of the approach.

"We don't know what it is, it's not a classic non-binding offer - which is someone kicking the tires. It certainly isn't a scheme arrangement."

LISTEN ABOVE

See omnystudio.com/listener for privacy information.

  continue reading

7308 episoade

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