VCT 0.00% $3.63 vector limited (ns) ordinary shares

Ann: GENERAL: VCT: Gas Transmission and Non-Auckland Gas Distribution business

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    • Release Date: 03/06/15 08:32
    • Summary: GENERAL: VCT: Gas Transmission and Non-Auckland Gas Distribution business
    • Price Sensitive: No
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    					VCT
    03/06/2015 08:32
    GENERAL
    NOT PRICE SENSITIVE
    REL: 0832 HRS Vector Limited
    
    GENERAL: VCT: Gas Transmission and Non-Auckland Gas Distribution business
    
    Over recent months Vector has received unsolicited interest in respect of its
    Gas Transmission and non-Auckland Gas Distribution businesses.
    
    Whilst the board and management of Vector believe these are highly attractive
    assets, we constantly review our portfolio and will always consider offers
    which maximise value for our shareholders.
    
    We have engaged Goldman Sachs to assess the strategic options for these
    businesses.  In the meantime, Vector continues to plan on the basis of its
    existing business portfolio.
    
    The Company will update the market, as appropriate, of relevant developments.
    
    ENDS
    End CA:00265149 For:VCT    Type:GENERAL    Time:2015-06-03 08:32:30
    				
 
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