Business
Pushpay founder, executive in $95m selldown – The Australian Financial Review
NZ stockbroker Craigs Investment Partners bought a 5 per cent stake in dual-listed payments group Pushpay and was seeking institutional buyers on Tuesday morning….
NZ stockbroker Craigs Investment Partners has bought a 5 per cent stake in dual-listed payments group Pushpay and was seeking institutional buyers on Tuesday morning.
Craigs bought the stake – worth 54.68 million shares – from Pushpay co-founder Chris Heaslip and executive director Chris Fowler.
The broker started calling fund managers on Tuesday morning to line up buyers.
It was seeking buyers from $NZ1.75 a share which was a 9.3 per cent discount to the five day VWAP and a 7.4 per cent discount…
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