Welcome to cpwshares.co.nz
This website has been established to assist:
- shareholders in Central Plains Water Limited to sell their ordinary shares in CPWL ("Shares"); and
- shareholders and non-shareholders to buy Shares from shareholders.
The CPWL scheme
Shares give shareholders the right to take water from CPWL's proposed water enhancement scheme subject to entering into a water use agreement with CPWL. For more information about the scheme, visit the CPWL website.
Farmers in the distribution area who wish to participate in the scheme or who require more water rights will want to trade with shareholders who no longer require their Shares.
Using this website
Shares wanted or for sale can be viewed on the Listings page, and you can post your own listing by following the instructions set out on that page.
This website is a notice facility only, not a trading or auction site. To complete a trade in Shares you must contact the person who has posted the listing and deal with that person directly.
How to trade Shares
To complete a trade, the buyer and seller will need to contact each other, arrange payment and complete a Share Transfer Form, which can be downloaded here. All share transfers are subject to board approval. The buyer will need to submit the completed Share Transfer Form for board approval to:
Central Plains Water Limited
PO Box 9424
If you are in any doubt as to how to complete the form please consult your financial or legal adviser.