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

Warehouse drops guidance, loss now in scope
Retail

Warehouse drops guidance, loss now in scope

The retailer has raised the possibility of a full-year earnings loss.

Markets Analysis

Xero’s Melio ‘leap of faith’

The NZ-founded company’s giant-killer dreams in the US hinge on this huge bet. 

Xero’s Melio ‘leap of faith’
Markets Market Close

NZX ends half year down 3.6%

"We’ve continued to lag relative to other markets," analyst says.

Gregor Thompson 30 Jun 2025
NZX ends half year down 3.6%