1.30 BLU 0.105 CNX 0.02 FMS 0.01 MJP 0.28 PAZ 4.57 REL 12.25 RNGA.A 12.24 RNGB.B 0.75 SEC 23.25 SEL 0.55 SFF 0.07 SGL 0.88 SYF 1.00 TMP 0.41 TVV 0.05 WTL 8.80 ZGL
Connexionz Joins Unlisted
1 December 2009 General Announcement
Unlisted Manager Bruce Cossill and Connexionz Limited Chairman Craig Boyce have announced that Connexionz starts quotation on Unlisted today using the stock code CNX. Unlisted Manager Bruce Cossill said “We are delighted that Connexionz has chosen to use Unlisted to provide its shareholders with a more flexible and cost-effective solution to meet its secondary trading needs.” Connexionz CEO Roger Carruthers said “Connexionz shareholders recently voted to move off the NZAX and to shift to a trading platform that better suits the company’s current needs. Connexionz is pleased that we are able to continue to provide shareholders with a transparent and arms-length secondary market trading mechanism. “The Company recognises the value to shareholders of being able to see market prices for their shares and to have an effective trading option, and we look forward to working with Unlisted to deliver solutions that benefit our shareholders.” ENDS Background Information Connexionz is a technology company that develops real-time vehicle tracking systems worldwide. Connexionz has designed a system to provide real time information for bus passengers, operators and regulators. The system tracks vehicles moving across the city network and gives passengers real time arrival information at their bus stop, and via the telephone and Internet. We have implemented systems in USA, United Kingdom, Australia, Netherlands, Brazil, and New Zealand. Unlisted is a trading facility that is not a registered stock exchange under the Securities Markets Act. All Unlisted Issuers are bound by the standard Unlisted terms and conditions, and their company constitutions. Also, all companies trading through Unlisted are subject to existing legislation, such as the Companies Act 1993, Fair Trading Act 1986, Securities Act 1978 and the Commerce Act 1986, as well as Common Law. For further information please contact: Bruce Cossill on 021 593 297.