Infratil and the NZ Superannuation fund are offering up to 50-60% of the shares in Z Energy to the public. If you are interested you will need to contact your broker as there will be no public pool.

The indicative price range for the Offer of $3.25 to $3.75 per share will give Z Energy a market capitalisation of $1.3 to $1.5 billion on listing. This price range equates to a likely gross dividend yield of 8.1 -9.4%.

Key dates are
Opening Date: Friday 2 August
Closing Date: Thursday 15 August
Listing on NZX: Monday 19 August