August 19, 2019 / 11:59 PM / a month ago

Napier Port jumps 12% on NZX debut

Aug 20 (Reuters) - Napier Port Holdings, the operator of New Zealand’s fourth largest port by container volume, rose 12% in its market debut on Tuesday.

The Hawke’s Bay-based company opened at NZ$2.91 and was trading at NZ$2.93 by 2351 GMT, compared with an offer price of NZ$2.60 a share.

The company raised NZ$234 million this month, after pricing its offering at the top end of a range in an over-subscribed bookbuild. (Reporting by Aditya Soni in Bengaluru; Editing by Bernard Orr)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below