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Australia's Spotless Group To Trade On NZSX From Monday

Contributor:
Fuseworks Media
Fuseworks Media

Wellington, Jan 15 NZPA - Australian company Spotless Group Ltd will trade on the NZSX as a dual listed company from Monday after taking over dry cleaning company Taylors Group Ltd.

"The Spotless board has decided to pursue a dual listing and quotation of Spotless' ordinary shares on the NZSX as a demonstration of Spotless' long-term commitment to New Zealand," chairman Peter Smedley said.

The company's shares will continue to be quoted on ASX.

The company's major food service contracts in New Zealand include Eden Park, Westpac Trust and AMI stadia, Auckland and Dunedin airports and Auckland Zoo.

It has 2068 cleaning contracts at 2737 sites. It also has 2068 laundry contracts and major clients include Air New Zealand, SkyCity, health boards and hotel groups.

The company is the seventh largest employer in New Zealand.

NZPA

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