News

Todd Corporation media releases, presentations and other news items are available on this page.

Media releases and news can also be found on the following websites:

Todd Energy

Todd Foundation

Winegrowers of Ara sells brand to Geisen Wines

20/05/2016

Todd has sold the Winegrowers of Ara brand and inventory to Giesen Wines. The sale, which goes through on 31 May 2016, includes an international distribution network. Some Ara staff have been retained in order to ensure the continuity of the Ara brand.

Todd announces unconditional cash offer for Flinders Mines

17/03/2016

Todd has announced an unconditional offer to acquire all of the ordinary shares in Flinders Mines Limited.

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Todd announces unconditional cash offer for Flinders Mines

Todd has announced an unconditional offer to acquire all of the ordinary shares in Flinders Mines Limited.

The offer delivers cash to Flinders shareholders at a significant premium to market and is more than two and a half times the price of the recent share placement.

Click here to read the full media release.

Media Contact:
Stuart Carson
02 8298 6116 / 0403 527 755
stuart.carson@fticonsulting.com

Winegrowers of Ara agrees to sell Marlborough assets to Indevin

11/02/2016

Ara and Indevin have today reached an unconditional agreement for Indevin to purchase Ara’s existing vineyard and bare land in Marlborough, New Zealand.

The vineyard which is located in the Waihopai Valley south west of Blenheim consists of approximately 600 hectares of existing vineyard and approximately 900 hectares of bare land suitable for viticulture.

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Winegrowers of Ara agrees to sell Marlborough assets to Indevin

Ara and Indevin have today reached an unconditional agreement for Indevin to purchase Ara’s existing vineyard and bare land in Marlborough, New Zealand.

The vineyard which is located in the Waihopai Valley south west of Blenheim consists of approximately 600 hectares of existing vineyard and approximately 900 hectares of bare land suitable for viticulture.

Indevin will be offering ongoing employment to the existing vineyard team and is looking forward to the ongoing development of this exceptional Marlborough vineyard.

Winegrowers of Ara has retained the Ara Brand and associated business and the Sale and Purchase Agreement includes a provision for supply of wine to Ara by Indevin.

About Ara

Ara is a New Zealand premium wine company with a focus on delivering the finest Marlborough Sauvignon Blanc and Pinot Noir, the varietals that New Zealand is renowned for world over. It is a wholly owned subsidiary of the Todd Corporation Limited.

Contact: Mike Munro, Group Manager Corporate Affairs, The Todd Corporation
mmunro@toddcorporation.com

About Indevin

www.indevin.com
Indevin is a privately owned New Zealand Wine Company based in Marlborough.

The company provides contract winemaking services to a small number of successful New Zealand wine companies. The majority of Indevin’s business is focussed on grape growing, winemaking and wine supply for a range of large scale partners in key export markets as well as for Lion NZ in the domestic market.

Indevin owns or holds long term leases on extensive vineyard properties in Marlborough, Gisborne and the Hawke’s Bay and it also enjoys many positive and long-term relationships with grape growers in these regions. This acquisition adds further grape growing capacity to Indevin’s well-established base.

Winemaking operations are conducted at Indevin’s three wineries in Marlborough, the Hawke’s Bay and Gisborne and the company has an Auckland based team who manage logistics as well as domestic and global wine supply.

Contact: Duncan McFarlane, Group CEO, Indevin Ltd. +64 (0) 21 48 55 22
duncan.mcfarlane@indevin.com

Sir John Todd

25/07/2015

Sir John Todd, family patriarch and former Chairman of the Todd Corporation, has passed away aged 88.

Sir John was a grandson of the Company’s founder Charles Todd. He played a key role in building the Todd Businesses into one of New Zealand’s most successful companies.

Todd Corporation Chairman Geoff Ricketts describes him as an entrepreneur who will be remembered for his vision, integrity and generosity, saying “Sir John was a highly respected New Zealander who made a significant contribution to business and philanthropy.”

Todd increases shareholding in Rutila

20/11/2014

Todd and Rutila are joint venture partners in the development of a potential rail and port project and a magnetite iron ore project in the Pilbara district of Western Australia.

In addition, Todd and Rutila recently entered into an Alliance Agreement with Flinders. The agreement provides Flinders with a rail transport and port handling service across Todd and Rutila’s export infrastructure.

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Todd increases shareholding in Rutila

Todd and Rutila are joint venture partners in the development of a potential rail and port project and a magnetite iron ore project in the Pilbara district of Western Australia.

In addition, Todd and Rutila recently entered into an Alliance Agreement with Flinders. The agreement provides Flinders with a rail transport and port handling service across Todd and Rutila’s export infrastructure.

Todd has announced to the Australian Stock Exchange that it has converted an existing A$5 mm loan to Rutila into Rutila shares. As a result of the conversion, Todd’s shareholding in Rutila has increased from 19.9% to 46.1%.

Todd has also participated in a placement by Flinders for an additional 300 million shares for A$4.5 mm, increasing its shareholding from 10.0% to ~19.9%.

Rutila Resources ASX Announcement

Flinders Mines ASK Announcement

Todd advances the final funding tranche for an initial investment in the Sisson Project

01/10/2014

Todd has advanced the third and final tranche of funding as part of the consideration for its initial 11.5% interest in the advanced stage Sisson Tungsten-Molybdenum Project located in New Brunswick, Canada. For more information, the full announcement is available here.

South Louisiana Methanol secures agreement with Williams’ Transco Pipeline to transport natural gas

15/07/2014

South Louisiana Methanol (SLM) CEO Barry Williamson announced today that the company has entered into an agreement with Transcontinental Gas Pipe Line Company, LLC to transport a significant amount of SLM’s natural gas requirements to their facility.

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South Louisiana Methanol secures agreement with Williams’ Transco Pipeline to transport natural gas

South Louisiana Methanol (SLM) CEO Barry Williamson announced today that the company has entered into an agreement with Transcontinental Gas Pipe Line Company, LLC to transport a significant amount of SLM’s natural gas requirements to their facility.

“This agreement is a crucial step on the road to building North America’s largest methanol plant,” Williamson said. “The Transco pipeline will enable SLM to transport natural gas to our plant in St. James Parish, where Louisiana workers will convert it into the methanol that is essential to American manufacturing.”

The 10-year agreement stipulates that Transco will construct infrastructure and provide firm transportation from Transco’s Station 65 (Zone 3 pool) to the SLM facility

Williams is one of the largest providers of energy infrastructure in North America. The Transco pipeline system stretches from South Texas to New York City and is a major provider of natural gas to the northeastern and southeastern states.

SLM is a gas-to-methanol project owned by the Todd Corporation and ZEEP Incorporated.

For more information on SLM’s Facility, please visit www.southlouisianamethanol.com

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