Good things come in threes – more NZX practice notes released

NZX Regulation has celebrated Emirates Team New Zealand winning the America's Cup for a third time yesterday by publishing its third batch of "practice notes" to provide user-friendly advice on common questions raised by issuers and their advisors.

As with NZX's previous two rounds of practice notes, the notes are designed to be a short-form practical guide to complement NZX's existing guidance. They cover:

• applications for quotation, including a template letter
• the structure and timing for accelerated entitlement offers
• the announcement requirements for a conversion of securities
• the delisting process for equity issues, and
• further practical guidance on disclosure practices.