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Fairfax completes sell-down of 15% of Trade Me
Following this morning’s trading halt, Trade Me Group Limited (“Trade Me”) has been advised that Fairfax Digital Holdings NZ Limited (“Fairfax”) has successfully completed the sell-down of 15 per cent of the issued capital of Trade Me. The trading halt in Trade Me shares was lifted at 12:53pm today.
After settlement of the sale of the shares, which is expected to occur this Thursday, Fairfax will hold 51 per cent of Trade Me.
For more information, please visit Trade Me’s investor relations website.
Trade Me shares in trading halt
You might have seen over on our investor website that shares in Trade Me Group Limited are in a trading halt this morning. This is pending the release of “material information” by Fairfax Media Limited at approximately 11.30am New Zealand time.
We will update this post with any new information when it emerges.
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It’s Cyber Security Awareness Week
This week is New Zealand's first official Cyber Security Awareness Week, which means it's a great time to improve your online security.
Password security is important to get right, but it’s one area not many people do well in. The good news is that it’s easy to improve, so here are a few tips to help keep your passwords secure:
Do's
- Length - use eight or more characters
- Complexity – Include upper and lower case letters, numbers, symbols and so on
- Variation – Change your passwords every few months
- Variety – Use a different password for each account (if one account is compromised you won’t lose them all) More...
Update to the banned and restricted items list
We've recently updated the items that can’t be listed on Trade Me, or can only be listed in limited circumstances.
Significant changes have been made to digital media, firearms, flights, ladders and offensive weapons while other sections have been brought up to date.
It's always a good idea to check if you're unsure whether your item is able to be listed on the site. You can see the complete updated banned and restricted items list here.
Update to Privacy policy
We have updated our Privacy policy to keep pace with how we use new technology. The section about cookies has been extended to include local storage, and the old iPhone section has been updated to reflect all the great mobile apps we now offer on different platforms.
As always your privacy is really important to us, so while the changes aren’t significant, we wanted to let you know.
View our updated Privacy policy now – in particular see ‘Cookies and local storage’ and ‘Mobile’ sections.