Wynyard Group Board approves dual listing on the Australian Stock Exchange (ASX)
Announcement posted by Wynyard Group 19 Mar 2015
Sydney, Australia – 19 March 2015 – Wynyard Group, a market leader in crime-fighting software and services, today announced that its board has approved the company pursuing a dual listing on the Australian Stock Exchange (ASX) and it will now commence the process. Wynyard first listed on the New Zealand Stock Exchange (NZX) in July 2013.
Wynyard Group CEO Craig Richardson said, “With a significant part of our revenue and growth coming from the Asia Pacific Region and a growing number of Australian investors, seeking an ASX listing is a logical strategic move for the company.
“Listing on ASX will enable more Australian and foreign investors to hold Wynyard stock, participate in the company's growth and increase the attractiveness of Wynyard shares. We also expect it will increase our profile with Australian customers and the board believes that dual listing will benefit all shareholders.”
It is expected that the process will complete during the third quarter of the 2015 calendar year. Wynyard Group intends to maintain its New Zealand incorporation and its principal listing on the NZX Main Board.
Wynyard Group has appointed UBS New Zealand to advise on the proposed ASX listing.
Subject to regulatory approval, Wynyard Group expects to make further announcements with respect to the proposed ASX listing in the coming months.
About Wynyard Group
Wynyard Group is a market leader in risk management and crime fighting software used in investigations and intelligence operations by government agencies and financial organisations. Wynyard solutions help solve and prevent crime, defend against advanced persistent cyber threats and counter terrorism. Wynyard’s powerful software platform combines big data, advanced crime analytics and tradecraft to identify persons of interest, stop offenders and protect victims.
Wynyard has offices in the United States, United Kingdom, Canada, Middle East, Australia and New Zealand. For more information visit www.wynyardgroup.com
For more information please contact:
Gabriel Wong/Luisa Regattieri
Espresso Communications for Wynyard Group
Ph: +61 2 8016 2200
Email: Wynyard@espresscomms.com.au
Wynyard Group CEO Craig Richardson said, “With a significant part of our revenue and growth coming from the Asia Pacific Region and a growing number of Australian investors, seeking an ASX listing is a logical strategic move for the company.
“Listing on ASX will enable more Australian and foreign investors to hold Wynyard stock, participate in the company's growth and increase the attractiveness of Wynyard shares. We also expect it will increase our profile with Australian customers and the board believes that dual listing will benefit all shareholders.”
It is expected that the process will complete during the third quarter of the 2015 calendar year. Wynyard Group intends to maintain its New Zealand incorporation and its principal listing on the NZX Main Board.
Wynyard Group has appointed UBS New Zealand to advise on the proposed ASX listing.
Subject to regulatory approval, Wynyard Group expects to make further announcements with respect to the proposed ASX listing in the coming months.
Ends
About Wynyard Group
Wynyard Group is a market leader in risk management and crime fighting software used in investigations and intelligence operations by government agencies and financial organisations. Wynyard solutions help solve and prevent crime, defend against advanced persistent cyber threats and counter terrorism. Wynyard’s powerful software platform combines big data, advanced crime analytics and tradecraft to identify persons of interest, stop offenders and protect victims.
Wynyard has offices in the United States, United Kingdom, Canada, Middle East, Australia and New Zealand. For more information visit www.wynyardgroup.com
For more information please contact:
Gabriel Wong/Luisa Regattieri
Espresso Communications for Wynyard Group
Ph: +61 2 8016 2200
Email: Wynyard@espresscomms.com.au