Memorandum
To: Market Participants
From: NZX Product Operations
Date: Monday, 4 April 2022
Subject: Air New Zealand Limited (“AIR”) – Halt off
Message:
NZX Product Operations advises that trading will resume in Air New Zealand Limited Securities (“AIR”) at 10.15am.
NZX Product Operations confirms that the incorrect NZX.com reference prices this morning for AIR and AIRRG, were solely due to an internal NZX system error.
NZX apologises for any inconvenience caused.
Please contact NZX Product Operations on +64 4 496 2853 or [email protected] with any queries.
ENDS
The S&P/NZX 50 Index closed at 12,266.25, gaining 57.2 points or 0.47%.
Goldman Sach analysts have a 12-month target price of A$2.85 ($3.14).
An investment firm bought the stake, which included 116,145 hectares of forestry.
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