Duncan Cotterill Accredited NZX Sponsor
Duncan Cotterill has been named as an accredited NZX Sponsor – one of only three legal firms to date to receive the
accreditation.
The accreditation is for the purposes of the New Zealand Stock Exchange’s new market, the NZAX, which is tailor-made to
facilitate growth for fast-moving companies.
“The Duncan Cotterill team is delighted to have been accredited as an NZX Sponsor. It is an exciting role that will
provide the firm with an opportunity to really help New Zealand businesses grow,” says Duncan Cotterill Associate
Stephen Brent.
The NZX created the unique sponsor role to help companies with the transition to NZAX listed status. To be accredited as
a sponsor, applicants have to go through a rigorous screening process.
“The accreditation of Duncan Cotterill as an NZX Sponsor recognises our experience and proven track record in advising
listed companies, capital raisings and public offerings under the Securities Act 1978, mergers and acquisitions, joint
ventures and corporate advisory work,” says Stephen.
As a NZX sponsor, Duncan Cotterill’s role will be to advise companies on the requirements for reaching NZAX listed
status, liaise with the NZX on behalf of the applicant and apply to the NZX for listing on behalf of the applicant,
ensuring that if capital is being raised there is a successful allocation of securities to investors. Duncan Cotterill
will also advise NZAX companies on their obligations once they are listed.