Back to

Scheme of Arrangement Implemented

Scheme of Arrangement Implemented

Arvida Group Limited (Arvida) advises that the scheme of arrangement (Scheme) with Stonepeak Alps BidCo Limited (Stonepeak) has become unconditional and has now been implemented. Accordingly, all shares in Arvida have been transferred to Stonepeak and Computershare has commenced making payments to holders of Arvida shares as at 5:00pm (New Zealand time) on the Record Date of 1 November 2024.

Arvida shares will cease to be quoted on the NZX Main Board from close of business today. Arvida bonds (ARV010) will remain quoted on the NZX Debt Market.

– Ends –

Latest NZX releases

  • 27 Jun 2025

    Arvida Group Limited's 2025 Annual Report, Climate Disclosures Report and GHG Inventory Report.

  • 29 May 2025

    • Total assets $4.7 billion • Total equity $1.6 billion • Reported net profit after tax $101 million • Operating EBITDA ...

  • 03 Mar 2025

    Arvida Group Limited (Arvida) is pleased to announce the appointment of Simon Moutter as a director of the company effec...

  • 03 Feb 2025

    Arvida Group Limited (Arvida) is pleased to announce the appointment of Norah Barlow as a director of the company effect...

Sign up for investor news