Regulator blocks NZ Oil & Gas buyback
Takeovers Panel forces cancellation of shareholder meeting.
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Hawke’s Bay
Oil producer and explorer NZ Oil & Gas [NZX: NZO] has been forced to can a planned shareholder meeting after falling foul of the Takeovers Panel.
The company had wanted shareholders to approve a share buyback that would increase the holding of its major shareholder Zeta Resources, a Bermuda
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Tim Hunter
Wed, 13 May 2015
Wed, 13 May 2015
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Regulator blocks NZ Oil & Gas buyback
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