NZX Product Operations has placed a trading halt on Trustpower Limited (“TPW”) Ordinary Shares at the request of the company.
This is due to the expected High Court decision in respect of TECT's restructuring, which is a key condition of TPW's sale of its Retail Business to Mercury NZ Limited.
The trading halt will remain in place until the earlier of an announcement from TPW concerning the High Court decision, or market open on Friday 17 December 2021.
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