The offer for shares is set to open on Monday 24 June and close on Friday 12 July ahead of a Friday 19 July listing on the NZX Main Board.
Christchurch IT company is to offer New Zealanders the opportunity to share in the rapid growth of online commerce.
Company considering raising capital by an Initial Public Offering (IPO) and a listing on the NZX Main Board to accelerate its international growth strategy.
Telecom sells AAPT's consumer division to iiNet for AUD $60 million and offloads an 18.2% stake in iiNet for AUD $70 million, streamlining its focus.