Realise the commercial potential of your business by listing on NZX
Access capital and liquidity to expand and achieve strategic objectives. Listing your business is an important decision in its lifecycle and NZX has different paths to suit a variety of commercial goals.
To learn more about how our issuers come to market, contact us for a tailored introduction to NZX.
Why list on New Zealand’s exchange?
There are many benefits from listing on the NZX. Your company will benefit from improved access to capital, increased global profile and access to liquidity.
Raise capital
Ready access to capital, both initially and ongoing, for acquisitions or to accelerate the growth of your business
Improve integrity and credibility
Improved perception from investors, suppliers and stakeholders by meeting robust regulatory standards
Enhance profile
Greater awareness of your company and brand with media, the public and the global investment community
Increase liquidity
Operating in a tradable market creates the platform for shareholders to realise the value of their investments
Validate valuation
Place an objective market value on the business
Encourage employee incentives
Encourage employee commitment and incentivise their long term motivation and performance
Have trusted regulation
New Zealand offers a modern regulatory environment balancing the needs of both issuers and investors
Marketing
NZX supports companies from a marketing perspective through investor roadshows
Starting the journey - what to consider
While listing your business presents lots of growth opportunities, before you decide to list your company, you should consider:
Telling your company’s story
Talking to your investors early and often is essential. A strong record of communication means you are more likely to attract new investors, and it means your current ones understand the company’s strategy and growth initiatives
Increased disclosure and reporting requirements
Keeping the market informed is a key requirement of listing. It ensures your investors are participating in a fair and transparent market and will become a routine practice for your business
Strong governance
Company directors owe duties to the company, to its shareholders and wider stakeholders so it is important to have strong governance which supports the direction and growth of your company
Market conditions
A public listed company may be impacted by conditions outside your company’s influence
Costs and fees
Additional costs are involved in an IPO or listing, maintaining a listing and raising additional capital. Although these costs arise from both the NZX and external advisers (e.g. lawyers, accountants) the majority are from the latter
Listing types
You need to make two key decisions about how to list on the markets operated by NZX:
- A decision whether to make an Initial Public Offering (IPO) or to undertake a direct listing; and
- A decision whether to seek a primary listing with NZX, or a secondary listing if you are already listed in another jurisdiction.
- IPO
- Direct Listing
