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End-of-Year News From Just Water

Tuesday 20 November 2018, 7:15PM

By Beckie Wright

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Late last month the NZX got the green light from the Financial Markets Authority to consolidate the three markets into one. This means that JWI will shift to the Main Board in early 2019. A new independent director is being appointed, and this will be announced shortly.

The Main Board listing will enhance JWI’s profile, and will result in a greater following by brokers here and abroad. It is also the Board’s intention to increase the liquidity of JWI shares during 2019.

More news! Lynne Banks has been appointed to the new position of General Manager of Just Water New Zealand. Lynne comes from a sales and marketing background, most recently at Bell Tea, and prior to that at Fonterra and Goodman Fielder.

Just Water have a great idea for Christmas – their ‘My Wally’ revolutionary new thermo-lined bottle, which keeps beverages chilled (or hot) for up to 18 hours. My Wally has its own website at www.mywally.co.nz .

This bottle will not only be a hot favourite for Christmas, but also for businesses, who will be able to issue a bottle to each staff member, with their own name on it. There is a range of six colours, and these bottles will sell for $28, and for Just Water shareholders, there will be at a discount.

Just Water have stopped selling single-use cups, as part of their ‘Drastic on Plastic’ programme, and although there has been a slight increase in price, the introduction of these biodegradable and decompostable cups has been met with great enthusiasm by their customers. The announcement to the market was amazing, with not one objection to the price increase, and 85 positive responses, praising the move.

Finally, Just Water re-opened in Christchurch this month. Although the Company has thousands of water coolers placed in the South Island, they had withdrawn their direct sales force from the city. Recent problems with the Christchurch water supply meant a rethink of this move, and the results have been outstanding and appreciated by the Southerners.

For more information on floor standing water coolers, water purification filters and commercial water coolers please go to www.justwater.co.nz .