Our Investment Centre
SeaDragon believes it has a unique opportunity to capitalise on the deep blue and clean waters of New Zealand and the South Pacific to become a regional leader in the production of ocean-sourced Omega-3 bioactive compounds.
SeaDragon Limited is listed on the Unlisted Securities Exchange (USX:SEA) and is New Zealand’s largest refiner and blender of high-quality, internationally-certified Omega-3 oils.
Our oils are sourced from byproducts of fish caught in the clean and pure waters around the pure oceans of New Zealand, the Southern Ocean, and other certified-sustainable sources and from algae. We supply health supplement manufacturers around the world to meet the burgeoning demand for pure, high-quality omega-3 DHA and EPA oils, which are scientifically proven to deliver significant human health benefits such as lowering the risk of heart disease, improving brain function and eye function, and improving respiratory and joint health. The majority of our products are exported.
Takeovers Code Disclosures
The Takeovers Code requires the following disclosure in relation to the convertible loan note and or options granted to BioScience Managers, Comvita and Pescado
For full details of the disclosure click here
Takeovers Code Update
Increases of 1% or more in the voting securities held or controlled by Pescado.
Takeovers Code Disclosures
Pescado Holdings Limited (a member of the Masthead group of companies) (“Pescado”) has advanced $4 million of loan notes pursuant to convertible loan note facilities provided by them to SeaDragon Limited (“SeaDragon”).
Pursuant to the terms of those convertible loan note facilities, the loan notes automatically converted into ordinary shares in SeaDragon at 5:00 p.m. on 31 March 2021, resulting in the issue of 20,000,000 ordinary shares to Pescado. Pursuant to rule 19B(3)(b) of the Takeovers Code, the issue of those ordinary shares resulted in the voting securities held or controlled by Pescado increasing from 47.668% to 52.183%.
Corporate governance statement
Our statements of corporate governance are published in our Annual Report, a copy can be download from the link below.