Vector has made an offer to Energy Intellect Limited shareholders to purchase the remaining 30% of metering business, Stream. The acquisition is a further way of strengthening our metering business.
Yesterday, at a Special General Meeting, Energy Intellect shareholders voted in favor of this disposal. This transaction is subject to finalisation of the sale and purchase agreement and is expected to be completed in the first quarter of 2012.
Investor Relations Manager
Telephone 64 9 978 7804
Mobile 021 988 635