About ShareMart
ShareMart NZ Limited is a wholly owned subsidiary of Computershare Investor Services Limited and was formed in May 1994 for the purpose of operating a market in unlisted securities.
How ShareMart Operates
ShareMart is a screen-based, electronic trading system operated from the Computershare offices in Takapuna, Auckland. Trading on ShareMart can only be carried out by telephone, by dialing 0800 50 50 06. This number connects, through a call recording device, to registry staff trained in the trading system.
Our trained staff will be able to advise callers of the price at which the last sale of any security was effected and the range of current offers and bids. A caller may accept an existing offer or bid or may leave their offer/bid to be matched later.
Offers and bids are matched electronically and both parties are then notified of the details by mail. The transaction is completed by the buyer mailing in their cheque and the seller their share certificate.
ShareMart Rules and Share Trading Agreement
Companies wishing to have their shares traded on ShareMart system are required to sign a Share Trading Agreement binding them to some simple, non onerous ShareMart Rules.
The main aims of the ShareMart Rules are to ensure that:
- The Company is properly constituted.
- It employs the service of Computershare Investor Services as its share registrar.
- It will keep its shareholders and the market informed of all relevant facts.
ShareMart in turn undertakes to its clients to operate a fair and efficient market and to refrain itself from trading the company's securities, except as allowed for in the Terms and Conditions.
ShareMart Listed Companies
To view the companies currently listed with ShareMart please click here.
