Trading halt lifts for Ryman

26th February 2025 By Staff Reporter | news@propertyticker.co.nz | @propertyticker

Trading in Ryman Healthcare Limited’s shares on the NZX resumed on Tuesday afternoon.

Share trading was suspended on Monday morning before Ryman announced a $1bn capital raise.

The listed retirement village and rest home operator told the NZX on Monday that the fundraise comprised of a $313m placement to institutional shareholders, to be conducted by Jarden Securities, Craigs Investment Partners and Forsyth Barr, and a $688m accelerated non-renounceable entitlement offer to existing shareholders.