Vector Group and Siemens today announced (December 19, 2006) that they are looking at opportunities to formally partner to deliver smart metering services for the New Zealand energy market.
Vector Limited announced today that the interest rate on the Capital Bonds for the period from 15 December 2006 until the next election date on 15 June 2012 will be 8.0%.
Vector confirms to the market that today’s changes to the board do not in any way alter the strategic direction of the company or its financial performance.
Vector Group advises that three of its directors, John Goulter, Tony Gibbs and Greg Muir, have today resigned.
Vector directors Bob Thomson, Shale Chambers and Karen Sherry today expressed their full confidence in the Board’s Chairman Michael Stiassny and also reiterated their support for the company’s governance.
Vector Limited today welcomed the release of the Government’s Draft New Zealand Energy Strategy to 2050 saying that the energy sector required a long-term planning horizon with clear policy objectives.