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HNZ Group Inc. (HNZ.TO)

HNZ.TO on Toronto Stock Exchange

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Latest Key Developments (Source: Significant Developments)

HNZ Group Inc. to be acquired by president and CEO Don Wall and Phi Inc.
Tuesday, 31 Oct 2017 07:35am EDT 

Oct 31 (Reuters) - HNZ Group Inc. :HNZ Group Inc. To be acquired by president and CEO don wall and Phi, Inc..HNZ Group Inc. - ‍shareholders to receive cad$18.70 in cash per share​.HNZ Group Inc. - ‍arrangement values HNZ at approximately CAD$242.4 million​.HNZ Group - CEO ‍Don Wall, through a wholly-owned acquisition co, to acquire all of issued and outstanding common and variable voting shares of co.Says ‍arrangement has also been approved unanimously by board of directors of Phi​.HNZ Group-under deal, Phi to acquire from canadian purchaser part of Co's offshore business in New Zealand, Australia, Philippines, Papua New Guinea​.HNZ Group-‍termination fee of C$6.5 million payable to Phi & expense reimbursement fee of up to C$1 million payable to canadian purchaser in some circumstances​.HNZ Group Inc. - ‍acquisition to occur by way of a statutory plan of arrangement.  Full Article

HNZ Group announces renewal of normal course issuer bid
Thursday, 24 Aug 2017 05:06pm EDT 

Aug 24 (Reuters) - Hnz Group Inc. :HNZ Group Inc - up to 388,810 common shares and variable voting shares of co may be purchased under bid.  Full Article

HNZ Group - ‍operations carried out by Norsk Helikopterservice ceased on June 30​
Tuesday, 4 Jul 2017 05:15pm EDT 

July 4 (Reuters) - HNZ Group Inc. ::HNZ Group - ‍operations carried out by Norsk Helikopterservice as, a Norwegian entity in which corporation holds a 49.9 percent interest, ceased on june 30​.Hnz group-‍norsk implemented orderly wind-up process including termination of employees, return of a leased aircraft to lessor and settling of other matters.HNZ Group Inc. - "norsk has encountered various challenges in Norwegian market, and our investment in norsk has not performed as we had hoped".  Full Article

HNZ Group reports Q1 loss per share $0.37
Thursday, 11 May 2017 08:25pm EDT 

May 11 (Reuters) - HNZ Group Inc. :HNZ Group reports 2017 first quarter results.Q1 revenue of $40.3 million, versus $46.2 million last year.Qtrly loss per share $0.37.Q1 operations were subject to predictable seasonal weakness in onshore.  Full Article

HNZ Group announces changes to its proposed stock option plan in response to shareholder feedback
Tuesday, 9 May 2017 06:18pm EDT 

May 9 (Reuters) - Hnz Group Inc. :HNZ Group announces changes to its proposed stock option plan in response to shareholder feedback.HNZ Group - option plan will be amended to reduce maximum number of shares issuable pursuant to options under option plan to be equal to 650,157 shares.The 650,157 shares represent approximately 5% of corporation's issued and outstanding common and variable voting shares.  Full Article

HNZ Group Q4 revenue C$50.9 mln vs C$48.8 mln
Thursday, 16 Mar 2017 05:58pm EDT 

Hnz Group Inc. : Hnz group reports 2016 year-end results . Hnz group inc. Qtrly loss per share $0.23 . Q4 revenue c$50.9 million versus c$48.8 million .Q4 earnings per share view c$-0.06, revenue view c$45.5 million -- Thomson Reuters I/B/E/S.  Full Article

HNZ Group announces extension of Nova Scotia emergency health services contract
Thursday, 26 Jan 2017 11:37am EST 

HNZ Group Inc. : HNZ group announces extension of Nova Scotia emergency health services contract . Amended agreement is set to commence on August 1, 2017 with an expiration date of March 31, 2032 .Revenues will be approximately $105 million over course of contract and will be invoiced in canadian dollars.  Full Article

HNZ Group announces joint venture in Australia to support new INPEX offshore oil and gas contract
Thursday, 1 Dec 2016 05:06pm EST 

Hnz Group Inc. : HNZ Group announces joint venture in Australia to support new INPEX offshore oil and gas contract . HNZ Group Inc says contract will commence on or before april 1, 2017 with a base term of five years, plus two, two-year option periods .HNZ Group Inc says joint venture will supply up to four Sikorsky S-92 heavy helicopters.  Full Article

HNZ New Zealand enters offshore oil and gas helicopter support contract
Wednesday, 1 Jun 2016 08:00am EDT 

Hnz group : Hnz group says hnz new zealand ltd has entered into an offshore oil and gas helicopter support contract with shell philippines exploration .Hnz group says revenues for extension period of five years are expected to be approximately $61 million.  Full Article

HNZ Group says HNZ New Zealand has entered into an offshore oil and gas helicopter support contract with a consortium of customers
Wednesday, 1 Jun 2016 08:00am EDT 

: Hnz group inc says hnz new zealand limited has entered into an offshore oil and gas helicopter support contract with a consortium of customers .Hnz group inc. Says revenues under contract during initial five year term are expected to be approximately $60 million.  Full Article

BRIEF-HNZ Group Inc. to be acquired by president and CEO Don Wall and Phi Inc.

* HNZ Group Inc. To be acquired by president and CEO don wall and Phi, Inc.