Stock
The New Zealand Stock Exchange has approved the listing of options to be issued by New Zealand Ski Fields Ltd. The issue, announced by the Turoa-based company last month, is on the basis of one new option being issued free for every five ordinary shares held by shareholders at October 21. They entitle the holder to buy New Zealand Ski Fields' shares at $1.25 each during June each year - between now and 1993 and rank equally with existing options issued in 1986 at a cost of one cent each.
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https://paperspast.natlib.govt.nz/newspapers/WAIBUL19881115.2.43
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Waimarino Bulletin, Volume 6, Issue 263, 15 November 1988, Page 14
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90Stock Waimarino Bulletin, Volume 6, Issue 263, 15 November 1988, Page 14
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