AIRRG - Reference Price and trading halt

HALT
Mon, Apr 04 2022 11:47 am

To: Market Participants
From: NZX Product Operations
Date: Monday, 4 April 2022
Subject: Air New Zealand Limited Rights (“AIRRG”) – Reference Price and trading halt


Message:

NZX Product Operations provides a further update to the reference price for AIRRG.

The reference price for each AIRRG right has been updated to $0.49. The price adjustment has been made to reflect the correct ratio of 1 AIRRG right being exercised to 2 Air New Zealand Shares.

The further update to the AIRRG reference price is solely the result of an internal NZX issue and NZX apologises for any inconvenience caused.

The trading of AIRRG rights was halted at 11.04am. Trading in AIRRG rights will resume at 11.55am. No trading halt was applied to other AIR securities.

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

ENDS


Announcement PDF


Markets News

Market ends week down but Briscoe defies guidance
Markets Market close

Market ends week down but Briscoe defies guidance

The S&P/NZX 50 Index is down 1.5% since the beginning of the year.

Graham Skellern 10 Jan 2025
Retail

Briscoe Group downgrades FY guidance after slow December

The downgrade comes ahead of Jan 26, when Briscoe's financial year ends.

Gregor Thompson 10 Jan 2025
Briscoe Group downgrades FY guidance after slow December