30 Sep 2009

One third of NZ Oil and Gas investors accept offer

1:57 pm on 30 September 2009

One third of investors in New Zealand Oil and Gas have accepted its offer to reinvest their dividend payment in return for discounted shares.

The company is offering a 2.5% discount on the new shares.

A dividend of 5c per share will be paid out on Friday to those that did not take up the offer.