We carry brief details (including changes of name) of some 550 companies that have been delisted from the New Zealand Stock Exchange. Generally we have been able to provide a reason for the delisting where that has occurred since 1991, but only occasionally for those delisted before then. 

As far as possible, our record for delisted companies is "frozen" at the point of delisting from an exchange. You should realise the data may no longer be valid and the company may subsequently have changed its legal status and even be deregistered.

How do I find my delisted company?

You can check on a delisted company by clicking on the appropriate alpha digit above, entering the company’s NAME or CODE in the SEARCH facilities above or clicking on the box at the foot of this page to retrieve a list of delisted companies.

Why is a company delisted?

Delisting is not synonymous with failure, although in some cases delisting is the direct result of failure. Delisting may also occur when a company is taken over by another entity or when it decides there is little value to be gained through the listing (eg low trading volumes) as has happened with many Australian companies previously listed on NZX.

When NZX cancels a listing

NZX may also cancel a company listing in the following circumstances:

•  » If it decides to do so*.
•  » If it receives at least one month’s prior written notice from the company.
•  » If it is an overseas entity cancelled on its home exchange.

*NZX can cancel a listing without giving a reason or if a false market” exists in the securities or the entity contravenes a listing rule or size and spread requirements are not being met, or there is a change in the controlling interest or cessation or there is a big change in the entity's activities.

FURTHER READING

NZ Listing Rules - click here and see Paragraph 5.4 for further details.