News

Latest news from Windflow.

Windflow Technology Pays Dividend on Preference Shares

11 July 2013 - NZAX Announcement. The directors of Windflow Technology Limited have resolved to pay the first dividend on the Company’s preference shares. These preference shares, which are unlisted, were issued in March this year pursuant to the Company’s February rights issue prospectus. The dividend will be paid to holders of preference shares recorded on the register on the record date of 28 June 2013. The total dividend payment will be $125,545.68.

Windflow Commercial Team Expands for UK Sales

Mid-size wind specialists Windflow Technology (500 kW wind turbine) and subsidiary Windflow UK welcome three new UK based staff members. Stephen Squires has been appointed UK Sales Manager and Colin Risbridger as UK Development Manager for Windflow UK. Andy Smith joins Windflow Technology as Deputy CEO, based in the UK for an initial six months.

Windflow Shareholders Support Preference Share Issue

Windflow Technology Ltd will increase its sales capabilities to meet anticipated demand for the Windflow 500 wind turbine in the UK market following the closing yesterday of the Company's rights issue to subscribe for redeemable convertible preference shares.

Rights Issue for Preference Shares

Windflow Technology is ready for an increased commercial drive into the UK market with its proven wind turbine and has registered a prospectus and investment statement (Offer Document) to raise up to $5.1 million expansion capital.

Second Windflow Turbine Destined for the UK

7 Dec 2012 New Zealand based wind turbine manufacturer Windflow Technology Ltd (WTL) has secured an agreement for a second UK-based Windflow 500 turbine which is destined for New Holland farm on the main island of Orkney, north of Scotland.

Windflow Update

1 November 2012 Windflow Update Windflow Technology Limited held its AGM on 31st October, and reported to Shareholders in attendance on the matters outlined below.