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- Release Date: 07/03/13 16:00
- Summary: ASSET: HBY: Update on Conditional Acquisition of Contract Resources
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HBY
07/03/2013 14:00
ASSET
REL: 1400 HRS Hellaby Holdings Limited
ASSET: HBY: Update on Conditional Acquisition of Contract Resources
HELLABY HOLDINGS LIMITED - NZX Release: 7 March 2013
Update On Conditional Acquisition Of Contract Resources
Please find attached a background summary of Hellaby's conditional
acquisition of Contract Resources Holdings Limited.
For further information please contact:
Richard Jolly
Chief Financial Officer
Hellaby Holdings Limited
Phone: 09 307 6844
Mobile: 0274 976 710
Greg Batkin
Chief Investment Officer
Hellaby Holdings Limited
Phone: 09 307 6844
Mobile: 021 673 739
John Williamson
Chief Executive Officer
Hellaby Holdings Limited
Phone: 09 307 6844
Mobile: 021 271 4960
About Hellaby Holdings: www.hellabyholdings.co.nz
Hellaby Holdings ('Hellaby') is an NZX-listed investment holding company,
which owns a diversified portfolio of New Zealand and Australian industrial,
distribution and retail businesses.
Our vision is to be a leading Australasian investor, based on the value we
add to our portfolio, the returns we deliver to our shareholders and the
calibre of our people. Hellaby will generate attractive long-term shareholder
value through a combination of performance improvement and organic growth in
the businesses we own, and through smart acquisitions and divestments. We
describe this strategy simply as 'Buy, Build, Harvest'. We seek to generate
total shareholder returns superior to the NZX50 Gross Index.
We have a variable investment horizon, and our portfolio will evolve over
time. We actively manage our investments through a lean corporate office, and
decentralise leadership and performance accountabilities to our companies.
End CA:00233900 For:HBY Type:ASSET Time:2013-03-07 14:00:23
