NZX Announcements

  • Wednesday, October 24, 2018 - 16:35

    Steel & Tube Holdings Limited (NZX: STU) advises that the Auckland District Court has released its decision on the Commerce Commission prosecution of Steel & Tube regarding SE62 500E grade steel mesh.
  • Wednesday, October 17, 2018 - 09:34

    Steel & Tube Holdings Limited (NZX: STU) is sending a letter to its shareholders following the decision of Fletcher Building to withdraw its offer to acquire Steel & Tube on 15 October 2018.
  • Monday, October 15, 2018 - 08:40

    Steel & Tube’s Board advises that it has received a revised non-binding indicative offer from Fletcher Building to acquire Steel & Tube and is arranging to appoint an independent expert.
  • Wednesday, October 10, 2018 - 08:58

    Steel & Tube Holdings Limited (NZX: STU) is sending a letter to its shareholders about its Board’s decision to turn down a low value non-binding indicative offer (NBIO) to acquire the company by one of its largest competitors, Fletcher Building Limited (as announced to the market on 3 October 2018).
  • Tuesday, October 9, 2018 - 09:34

    Steel & Tube’s estimate of market shares across the steel sector, as at 9 October 2018.
  • Wednesday, October 3, 2018 - 11:53

    Steel & Tube’s Board advises no support for non-binding indicative offer from Fletcher Building to acquire Steel & Tube
  • Tuesday, September 25, 2018 - 09:00

    Steel & Tube Holdings Limited will be holding its 2018 Annual Shareholders’ Meeting in the Guineas 3 Room, Ellerslie Event Centre, 80-100 Ascot Avenue, Ellerslie, Auckland, on Thursday 25 October 2018, commencing at 2.00pm.
  • Monday, September 24, 2018 - 08:54

    Steel & Tube Holdings Limited (NZX: STU) has reaffirmed its FY19 guidance of $25 million in earnings before interest and tax (EBIT), on the back of the continuing positive progress being made under the company’s ‘Striving for Excellence’ strategy.
  • Thursday, September 6, 2018 - 09:15

    Steel & Tube Holdings Limited (NZX:STU) advises that it has successfully completed the shortfall bookbuild component of the $80.9 million capital raise announced on 7 August 2018. Strong support was received from both existing shareholders and new investors, with scaling necessary, and the capital raising is now complete.
  • Wednesday, September 5, 2018 - 08:54

    Steel & Tube Holdings Limited (NZX:STU) advises that its fully underwritten 1 for 1.9 pro rata rights offer, which closed on 3 September 2018, received strong support from Steel & Tube’s shareholders.