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Craig Norgate

NZ Share Market Drops On Wall Street Weakness

NZ Share Market Drops On Wall Street Weakness
Wellington, Dec 19 NZPA - The New Zealand share market dipped today, reflecting another poor performance by Wall Street. The benchmark NZX-50 index closed down 52.282 points, or 1.931 percent, at 2655.309, having opened weaker.

Norgate Discounts Suggestions Of RPI New Equity, PGG Sell Down

Norgate Discounts Suggestions Of RPI New Equity, PGG Sell Down
Wellington, Dec 19 NZPA - Businessman Craig Norgate is discounting suggestions that he could be forced to put new equity into company Rural Portfolio Investments (RPI) or to sell down the company's stake in PGG Wrightson.

Concern At NZSFU, PGG Wrightson Debt Levels, Says Broker

Concern At NZSFU, PGG Wrightson Debt Levels, Says Broker
Wellington, Dec 19 NZPA - Investors are thought to be concerned about debt levels associated with PGG Wrightson and offshoot NZ Farming Systems Uruguay (NZFSU), which both had sharp share price drops yesterday.

Norgate Sticks To $50m Pick For Wrightson Despite Global Gloom

Norgate Sticks To $50m Pick For Wrightson Despite Global Gloom
Wellington, Oct 30 NZPA - PGG Wrightson chairman Craig Norgate says his board is sticking to the profit guidance it announced with annual results in August -- despite the global credit crash.

Norgate Says Silver Fern Deal Can't Be Done In `Acceptable' Time

Norgate Says Silver Fern Deal Can't Be Done In `Acceptable' Time
Wellington, Oct 30 NZPA - PGG Wrightson chairman Craig Norgate says the company is unlikely to be able to get its proposed partnership with Silver Fern Farms back on track within an acceptable timeframe.

Work Continues On Meat Industry Plan, After Stumble

Wellington, Oct 2 NZPA - PGG Wrightson is continuing to work to put together a finance package for its $220 million bid to buy a 50 percent stake in meat processor Silver Fern Farms.

Global Crisis Aborts Wrightson Bid To Rationalise Meat Industry

Wellington, Oct 1 NZPA - Farmers' great white hope for the rationalisation of the meat industry, Craig Norgate, has had his plans left in limbo due to the global financial turmoil.

PGG Wrightson Blames 'Extreme' Conditions For Settlement Delay

Wellington, Oct 1 NZPA - PGG Wrightson is blaming "extreme financial market conditions" for a delay in settlement of the proposed purchase of 50 percent of Silver Fern Farms.

PGG Wrightson Related Party Transaction Goes To Shareholders

Wellington, Sept 26 NZPA - About a fifth of PGG Wrightson Ltd's $78.1m capital raising was taken up related party interests who raised the money by selling assets to PGG Wrightson.

Improvements Across Company Boost PGG Wrightson Result

Wellington, Aug 19 NZPA - PGG Wrightson Ltd posted an 80 percent increase in annual net profit to $73.2 million on improvements across the board, and the company indicated a solid result this year.