More than 400,000 register for MRP shares

Tony Ryall has announced that in just a few short weeks more than 400,000 Kiwis have registered an interest in buying shares in Mighty River Power.

So how long did it take Labour working with the Greens, and their Union mates,  complete with taxpayer funded staffers, to get 400,000 signatures.

Nice how they talk about a mandate…looks like the government has got one…with people prepared put their money where their mouth is.

As at 10 am today over 400,000 New Zealanders have pre-registered their interest in buying shares in Mighty River Power.

Minister for State Owned Enterprises Hon Tony Ryall says that if New Zealanders have questions about share ownership, there is information available.

“I urge them to go to the pre-registration website – www.mightyrivershares.govt.nz. It has a Frequently Asked Questions section which will be very helpful for new investors and for people who haven’t participated in a Share Offer before,” Mr Ryall says. 

“There is also the www.governmentshareoffers.govt.nz website that has information on the Mixed Ownership Model programme, as well as information about share ownership.”

Mr Ryall says the pre-registration website and the 0800 call centre have been extremely busy since the launch of the pre-registration programme.

“We encourage New Zealanders who are interested in finding out more about the Mighty River Power Share Offer to pre-register their interest. Pre-registering does not oblige you to apply for shares and will allow us to keep you informed.”

“But they’ll have to do that within the next two and a half days.”

The pre-registration deadline is 5pm on Friday 22 March.


Do you want ad-free access to our Daily Crossword?

Do you want access to daily Incite Politics Magazine articles?

Silver Subscriptions and above go in the draw to win a $500 prize to be drawn at the end of March

Not yet one of our awesome subscribers? Click Here and join us.

As much at home writing editorials as being the subject of them, Cam has won awards, including the Canon Media Award for his work on the Len Brown/Bevan Chuang story.  And when he’s not creating the news, he tends to be in it, with protagonists using the courts, media and social media to deliver financial as well as death threats.

They say that news is something that someone, somewhere, wants kept quiet.   Cam Slater doesn’t do quiet, and as a result he is a polarising, controversial but highly effective journalist that takes no prisoners.

He is fearless in his pursuit of a story.

Love him or loathe him.  But you can’t ignore him.

39%