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General Business
2 mins to read

NZ Automotive founder sells $3.9m of shares

The selldown had made up to $5m of shares available.

Hamish McNicol Mon, 20 Sep 2021

One of the founders of the NZX-listed owner of second-hand car dealer 2 Cheap Cars has sold $3.9 million of their shares following a retail bookbuild on Friday.

NZ Automotive Investments, which operates 2 Cheap Cars and vehicle finance company NZ Motor Finance, joined the main board of the NZX

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Hamish McNicol Mon, 20 Sep 2021
Contact the Writer: Hmcnicol@nbr.co.nz
News tip? Question? Typo? Let us know: editor@nbr.co.nz
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