Rakon has requested a trading halt for its ordinary shares on the NZX, pending an announcement.
The halt was implemented before the market opened on Thursday.
NZ RegCo, the regulatory arm of NZX, granted the request to allow Rakon time to consider and respond to media statements regarding a decision made on its governance arrangements.
The trading halt will remain in effect until Rakon makes an announcement or the market opens on September 1, 2025.
See more
