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Hot Topic Hawke’s Bay
Hot Topic Hawke’s Bay
General Business
3 mins to read

NZ Automotive seeks trading halt as founder sells down

Sell-down said to align with desire to increase share liquidity.

Shares in the NZX-listed owner of second-hand car dealer 2 Cheap Cars have gone into a trading halt as one of the founders sells down up to $5 million of their shareholding.

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

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Hamish McNicol Fri, 17 Sep 2021
Contact the Writer: Hmcnicol@nbr.co.nz
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NZ Automotive seeks trading halt as founder sells down
General Business,
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