tiprankstipranks
Advertisement
Advertisement

Contact Energy seeks ASX quotation for 14.3m new foreign exempt shares

Story Highlights
  • Contact Energy has applied to quote 14,285,676 new fully paid ordinary foreign exempt shares on the ASX.
  • The new CEN securities, tied to an earlier transaction, will expand the free float and may deepen liquidity for trans-Tasman investors.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Contact Energy seeks ASX quotation for 14.3m new foreign exempt shares

Claim 55% Off TipRanks

Contact Energy Limited ( (COENF) ) has provided an update.

Contact Energy Limited, an energy utility whose ordinary shares trade on both the NZX and as foreign exempt securities on the ASX under ticker CEN, continues to broaden its capital markets presence. The company’s listing arrangements allow investors in Australia and New Zealand to gain exposure to its electricity and energy services business through fully paid ordinary shares.

The company has applied for quotation on the ASX of 14,285,676 new fully paid ordinary foreign exempt shares, with an issue date of 13 March 2026. These additional securities, issued under a previously announced transaction, expand Contact Energy’s free float and may enhance trading liquidity and investor access across the Tasman markets.

More about Contact Energy Limited

Contact Energy Limited is a dual-listed energy company whose ordinary shares trade on the ASX under the code CEN as a foreign exempt issuer and on the NZX. The company operates in the utilities sector, focusing on electricity and related energy services for customers in New Zealand and international investors accessing its stock via the Australian market.

For detailed information about COENF stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1