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- Fairfax completes sell-down of of Trade Me stake
Fairfax completes sell-down of of Trade Me stake
Written by The Trade Me team in General at 9:42am, Tue 18 Dec 2012
Following yesterday’s trading halt, Trade Me Group Limited (“Trade Me”) has been advised that Fairfax Digital Holdings NZ Limited (“Fairfax”) has successfully completed a sell-down of its 51 per cent holding of issued capital in Trade Me. Settlement of the sale of the shares is expected to occur this Friday. All this means Fairfax will no longer be a shareholder in Trade Me.
The trading halt on Trade Me shares was lifted at 8:40am today.
For more information, please visit Trade Me’s investor relations website.