Memorandum
To: Market Participants
From: NZX Product Operations
Date: Monday, 2 May 2022
Subject: Z Energy Limited (“ZEL”) – Delisting of ordinary shares correction
Message:
Further to the announcement released on Tuesday, 26 April 2022, NZX Operations (“NZXO”) wishes to advise that Z Energy Limited ordinary shares (“ZEL”) will be delisted and will cease to be quoted on the NZX Main Board from close of business on Tuesday, 10 May 2022. This date was incorrectly advised as Thursday, 10 May 2022 in the memorandum released on Wednesday, 27 April 2022.
ZEL will remain a NZX listed issuer, with ZEL050 and ZEL060 debt quoted on the NZX Debt Market.
Please contact NZX Product Operations on +64 4 496 2853 or [email protected] with any queries.
ENDS
The S&P/NZX 50 Index is down 1.5% since the beginning of the year.
Pacific Edge is on a trading halt until Monday.
The downgrade comes ahead of Jan 26, when Briscoe's financial year ends.
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