National Mail New Zealand Limited


Transaction Type: Takeover (Full)

Offeror: Paul Ernest Meier

Independent Adviser(s): Ferrier Hodgson & Co (Rule 21)

Offer commencement date: 13/08/2001

Offer closing date: 14/12/2001


On 27 July 2001 National Mail New Zealand Limited (NMNZ) received a takeover notice from Paul Ernest Meier stating that Mr Meier would make a full offer for all voting securities in NMNZ for a purchase price of 7 cents per share. Mr Meier had been CEO of NMNZ since 27 March 2001. 

The offer was made on 13 August 2001, and at the closing date Mr Meier held or controlled 80.71% of shares in NMNZ.