2017

Rubicon announces new Board appointment

12 September 2017 - Rubicon announced today, that Mr Ranjan Tandon had been appointed to its Board of Directors. [ details ]

Rubicon acquires US-based ArborGen Inc

29 June 2017 – Rubicon announced today that it had taken full ownership of the US-based advanced forestry genetics company, ArborGen Inc (“ArborGen”), after buying out its partners International Paper (NYSE:IP) and WestRock (NYSE:WRK). [ details ]

Rubicon makes US$12.5 million share placement

29 June, 2017 – Rubicon announced today, that in order to strengthen its balance sheet following the announcement of the US-based ArborGen Inc transaction (also today), that it had agreed to place new shares. [ details ]

Rubicon to Change Balance Date

30 May 2017 – Rubicon today announced that it has moved its balance date from 30 June to 30 September, with immediate effect. [ details ]

Rubicon confirms sale of Clearwood business to Tenon Clearwood Partnership

28 April 2017 - Rubicon’s 60% owned subsidiary, Tenon Limited, today announced that it had closed the US$55 million sale of its Clearwood operating business to the Tenon Clearwood Limited Partnership (“TCLP”) - please refer attached full announcement from Tenon. The TCLP comprises a group of private NZ and US investors, and Rubicon. Rubicon is the general partner of the TCLP, and in addition Rubicon and associates will have a 50% ownership interest in the TCLP. [ details ]

Rubicon notes Tenon Granted Final High Court Orders

7 April 2017 - Rubicon Limited’s 59.78% subsidiary Tenon Limited filed the attached News Release regarding receiving Final High Court Orders relating to its Capital Return. [ details ]

Rubicon confirms Tenon’s shareholder vote

20 March 2017 - Rubicon Limited’s 59.78% subsidiary Tenon Limited filed the attached News Release today confirming that it’s shareholders had approved the sale of it’s Clearwood operations to a consortium, including Rubicon (circa 50%), and second capital return. [ details ]

Result for the six months to 31 December 2016

24 February 2017 - This Interim Review addresses in summary terms, the performance of Rubicon’s two investments – Tenon and ArborGen – for the six months ending 31 December 2016. [ details ]

Tenon to sell Clearwood – Rubicon to participate in acquisition Consortium

14 February 2017 - Rubicon’s 60% owned subsidiary, Tenon Limited, today announced that it had entered into an Agreement to sell its Clearwood operating business to a group of investors (the Consortium). [ details ]