Chorus Issues Additional CIP1 Warrants to NIFF

MT Newswires Live

2025/11/04

Chorus (ASX:CNU, NZE:CNU) issued 374,198 new CIP1 warrants, representing 3.78% of the total, to National Infrastructure Funding and Financing (NIFF), formerly Crown Infrastructure Partners (CIP), according to a Tuesday filing with the Australian and New Zealand bourses.

The warrants, issued at no cost, give the holder the option to buy the company's ordinary shares at a pre-determined strike price on designated exercise dates from 2025 to 2036, per the filing.

The total number of CIP1 warrants outstanding now stands at 10.3 million, with none retained as treasury stock, the filing added.

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