QEX Logistics Ltd (“QEX”) – Late Annual Report Notification

MEMO

Thu, Jul 01 2021 08:30 am

Memorandum

To: Market Participants
From: NZX Product Operations
Date: Wednesday, 30 June 2021
Subject: QEX Logistics Limited (“QEX”) – Late Annual Report Notification

Message:
NZ RegCo advises that QEX Logistics Limited (“QEX”) has not released its annual report for the period ending 31 March 2021 which, under NZX Listing Rule 3.6.1 was due to be released through MAP on or before 30 June 2021.

Pursuant to section 3 of NZX’s Guidance Note on Trading Halts and Suspensions, NZX’s usual practice is that if an Issuer has not issued its annual report within 5 business days of the due date, trading of that Issuer’s securities will be suspended until the Issuer has issued its annual report.

NZ RegCo notes, in the present case, that QEX is currently suspended. NZ RegCo suspended the trading of QEX ordinary securities on 18 February 2021 due to QEX having no independent directors which is a requirement under Listing Rule 2.1.1.

Please contact NZX Product Operations on +64 4 496 2853 or [email protected] with any queries.

ENDS