Steel & Tube Holdings Limited (NZX: STU) announced on 7 August 2018 that it is seeking to raise
approximately $60.1 million of new capital through a fully underwritten, pro rata, 1 for 1.9 rights offer at
NZ$1.05 per share.
NZX Announcements
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Wednesday, August 8, 2018 - 14:16
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Wednesday, August 8, 2018 - 08:34
Steel & Tube Holdings Limited advises that it has successfully raised approximately $20.8 million through a placement to selected institutions at $1.15 per share. The placement forms part of the $80.9 million capital raising announced to the market on 7 August 2018. -
Tuesday, August 7, 2018 - 08:41
Steel & Tube is recapitalising its balance sheet to allow it to execute its business transformation initiatives and achieve its longer term strategic objectives. The company is raising NZ$80.9 million via a $20.8 million Placement at $1.15 per share followed by a fully underwritten pro rata 1 for 1.9 Rights Offer at NZ$1.05 per share. -
Monday, July 23, 2018 - 10:14
Steel & Tube Holdings Limited (NZX: STU) advises that Ross Pickworth, General Manager Infrastructure, has tendered his resignation and will finish with the Company on 31 August 2018. -
Tuesday, July 3, 2018 - 10:45
Steel & Tube (NZX: STU) is pleased to provide a copy of its inaugural shareholder newsletter. This contains recent news and events from across Steel & Tube’s businesses and is part of the company’s commitment to keeping Steel & Tube shareholders informed about the business and the contribution the company makes to New Zealand’s economic development and prosperity. -
Monday, July 2, 2018 - 17:09
Steel & Tube Holdings Limited (NZX: STU) advises the following market announcements about Senior Debt Facility Waiver And Settlement Of Property Sale -
Friday, May 25, 2018 - 17:09
Steel & Tube Holdings Limited (NZX: STU) advises that today the sentencing hearing regarding SE62 500E grade steel mesh occurred in the Auckland District Court. -
Thursday, May 24, 2018 - 18:17
Audio Briefing from Mark Malpass -
Wednesday, May 23, 2018 - 11:43
Steel & Tube has celebrated the opening of its Blenheim Rd property in Christchurch, representing a key stage in a major renewal programme for the company in the Canterbury region. -
Wednesday, May 23, 2018 - 09:38
Steel & Tube Holdings Limited (NZX: STU) has today provided an update on earnings guidance for the FY18 financial year ending 30 June 2018.