Complaint filed to NZX over Warehouse share trading prior to buyout offer

Complaint filed to NZX over Warehouse share trading prior to buyout offer
The Warehouse Group operates The Warehouse, Warehouse Stationery and Noel Leeming stores. (Image: Jason Oxenham)
Gregor Thompson
A spike in trading of Warehouse Group shares before Monday’s buyout offer announcement has sparked a complaint to the New Zealand Exchange’s watchdog.An NZ RegCo spokesperson confirmed to BusinessDesk it had received a formal complaint.It said it would refer the trading to the Financial Markets Authority (FMA) for investigation if it identifies it as “anomalous” or “indicative of potential inside trading”.The complaintIn a July 22 announcement to the New Zealand Exchange (NZX), the Warehouse issued...

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