EROAD lists on NZX Main Board

Media Release: EROAD lists on the NZX Main Board

15 August 2014 Shares in leading New Zealand transport and technology services company,
EROAD, began trading on the NZX Main Board today following the successful IPO that raised
$46 million through the sale of new and existing shares.
EROAD shares had been issued at $3.00, valuing the company at a market capitalisation of
$180 million.

The IPO comprised $40 million of new capital and a secondary offer of $6.1 million. The
majority of the capital raised will be used to fund and accelerate the company’s North American
growth strategy.

Read Full Release



Platinum Members

Corporate Gold Members

© Copyright 1999-2020 Intelligent Transport Systems Australia Incorporated   |   Terms of Use   |   Privacy Policy   |   Disclaimer