To: Market Participants
From: NZX Product Operations
Date: Wednesday, 4 May 2022
Subject: Air New Zealand Limited (“AIR”) – Trading Halt of Securities
Message:
NZ RegCo advises that, at the request of Air New Zealand Limited (“AIR”), it has placed a trading halt on AIR Ordinary Shares. The trading halt was placed after market close on Tuesday 3 May 2022.
AIR has requested the trading halt of its ordinary shares while it undertakes a shortfall bookbuild of ordinary shares attributable to unexercised rights in its renounceable rights offer.
Trading will resume at market open on Thursday, 5 May 2022.
Please contact NZX Product Operations on +64 4 496 2853 or [email protected] with any queries.
ENDS
Pacific Edge is on a trading halt until Monday.
The downgrade comes ahead of Jan 26, when Briscoe's financial year ends.
The S&P/NZX 50 Index closed down 0.76% or 99.37 points to 12,944.
To join your company account for BusinessDesk and enjoy full access, enter your email and we’ll send you details