Pushpay in trading halt

Wed, 01 Mar 2023

Pushpay Holdings has been put in a trading halt while it prepares an announcement related to proxy votes ahead of its special meeting. Shareholders have been casting proxy votes for or against a scheme of arrangement, which would allow BGH Capital and Sixth Street to take the firm private at $1.34. A cohort of institutional investors, with a combined stake of about 12%, have already announced they will vote against the scheme.Market regulator NZ RegCo said Pushpay had been placed in a trading halt “pending the release of an anno...

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