Memorandum
To: Market Participants
From: NZX Product Operations
Date: 02 August 2021
Subject: Kiwi Property Group Limited (“KPG010”) – Maturity
Message:
NZX Operations (“NZXO”) advises that the final quotation date for Kiwi Property Group Limited (“KPG010”) will be Friday, 20 August 2021.
The final day of trading in KPG010 will be Friday, 06 August 2021 prior to the bonds being suspended at close of business.
A timetable of events is attached.
Please contact NZX Product Operations on +64 4 496 2853 or [email protected] with any queries.
ENDS
A new pricing regime comes as the company seeks amendments to loan covenants.
Herbert unimpressed by Vital's refusal for due diligence and failure to meet guidance.
The business is reportedly being hit hard by increasing air freight industry competition.
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