Pero ends its brief NZX listing

Mike Pero Mortgage (MPM) is to be delisted from the New Zealand Stock Exchange following the successful takeover of the company.

Tuesday, September 26th 2006, 1:43AM

MPM shares will cease trading at market close on September 26 and cease quotation at close of market on September 29.

Mike Pero Mortgage Holdings, a company jointly owned by Liberty Financial and NZ Finance took full control of the company on September 15 when it become the dominant shareholder with more than 90% of the company.

At that point it has moved to compulsorily acquire all the remaining MPM shares.

Chairman Abigail Foote has resigned from the MPM board from yesterday.

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Pero ends its brief NZX listing

Mike Pero Mortgage (MPM) is to be delisted from the New Zealand Stock Exchange following the successful takeover of the company.

Tuesday, September 26th 2006, 1:43AM

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