NZX
10/08/2015 08:30
GENERAL
NOT PRICE SENSITIVE
REL: 0830 HRS NZX Limited
GENERAL: NZX: Cameron Partners appointed as a NXT Advisor
NZX is pleased to announce that leading New Zealand investment banking firm
Cameron Partners has been appointed as a NXT Advisor.
The role of a NXT Advisor is to provide structured, standardised support to
NXT listed companies, before and after listing. NXT companies are required to
engage an NXT Advisor for at least three years after listing, unless a
shorter period is approved by NZX.
Ross Christie who leads Cameron Partners' equity capital markets initiatives
commented: "Cameron Partners is committed to supporting the development of
NXT and New Zealand's capital markets generally and we're delighted to have
been accredited as a NXT Advisor."
"The features of NXT appeal to both companies and investors - the simplicity
of NXT's rules makes it easier and less costly for companies to consider
accessing public funds for capital, and for investors NXT provides a trusted
platform they know is reliable and is supported by a market maker providing
liquidity, as well as a research provider," Mr Christie said.
NZX Head of Markets Mark Peterson commented: "We continue to be pleased with
the level of interest from companies considering a NXT listing, and the
appointment of Cameron Partners as an advisor marks another key milestone in
the development of this market."
The role of a NXT Advisor includes:
o Assessing whether an applicant is suitable for listing on NXT
o Providing assistance to applicants in respect of their listing applications
o Completing a declaration that the applicant is suitable for listing on NXT
and that its key operating milestones meet NXT standards
o Providing ongoing listing support, coaching and mentoring
Cameron Partners worked closely with NZX in developing the framework of the
NXT market and views it as an ideal platform for introducing selected New
Zealand growth companies to public markets.
First NZ Capital and Edison Investment Research are respectively mandated as
the market maker and research provider for the NXT market.
For more information about NXT go to: NXT.co.nz
For further information please contact:
Kate McLaughlin
Corporate Communications
T: 09 309 3654
M: 027 533 4529
E: [email protected]
About NZX Limited
NZX builds and operates capital, risk and commodity markets and the
infrastructure required to support them. We provide high quality information,
data and tools to support business decision making. We aim to make a
meaningful difference to wealth creation for our shareholders and the
individuals, businesses and economies in which we operate. To learn more
about NZX, please visit: www.nzxgroup.com
End CA:00268115 For:NZX Type:GENERAL Time:2015-08-10 08:30:19
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
