“All New Zealand shareholders will continue to receive annual reports and all future information that Santos sends to Australian shareholders. They can also subscribe to receive company announcements via email through the Santos website,” the company said.

It said it would notify each New Zealand shareholder in writing of the delisting and the wide range of options available to them to continue to follow the company’s performance and to trade their shares.

Santos investor relations spokesman Andrew Seaton said there were only around 1000 shareholders in New Zealand from a total number of 80,000.