Harmos Horton Lusk advised NZX/ASX listed Pushpay Holdings on a NZ$98 million block trade which was announced and completed in mid-December 2020. The block trade, which was implemented by way of an underwritten bookbuild, involved the partial sell-down of shares by interests associated with co-founder and former CEO Chris Heaslip and by interests associated with executive director Chris Fowler.
The firm advised Pushpay on all New Zealand law aspects of the transaction, including advising on negotiation of block trade agreements and underwriting agreements, liaising with NZX, advising on due diligence processes and advising on regulatory compliance.
The Harmos Horton Lusk team was led by director Nathanael Starrenburg and included associates Aditya Basrur and Henry Cairns.