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).
NZX Announcements
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Wednesday, October 10, 2018 - 08:58
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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. -
Friday, August 31, 2018 - 14:51
Steel & Tube Holdings Limited (NZX: STU) has announced results slightly ahead of guidance for the year ended 30 June 2018 (FY18), due to an improving trading performance in the last three months of the financial year, early benefits from business transformation initiatives and non-trading impacts being slightly less than forecast -
Friday, August 31, 2018 - 14:45
Director Nomination - Steel & Tube Holdings Limited's Annual Meeting will be held on Thursday 25 October 2018 in Auckland. For the purposes of NZX Listing Rule 3.3.5, Steel & Tube advises that the closing date for director nominations is Monday 17 September 2018. All nominations must be received by 4.00 pm on the closing date. -
Thursday, August 30, 2018 - 11:30
Mark Malpass (Chief Executive Offier) and Greg Smith (Chief Financial Officer & Company Secretary) present Steel and Tube Holdings Limited FY18 Annual Results on the 29th August 2018. Presentation with Audio