Response to speculation

MKTUPDTE
Tue, May 31 2022 03:35 pm

Comvita (CVT) is aware of takeover speculation published recently in a Bloomberg article.

Comvita confirms that it has not been approached, and is not in discussions with any parties, regarding a potential takeover transaction.

Comvita remains in compliance with its NZX continuous disclosure obligations and will continue to inform the market in accordance with them.

Brett Hewlett
Chair

Ends.

For further information:
Kelly Bennett, MB: +64 21 380 035, E. [email protected]

Background information
Comvita (NZX:CVT) was founded in 1974, with a purpose to heal and protect the world through the natural power of the hive.  With a team of 500+ people globally, united with more than 1.6 billion bees, we are the global market leader in Mānuka honey and bee consumer goods. Seeking to understand, but never to alter, we test and verify all our bee-product ingredients are of the highest quality in our own government-recognised and accredited laboratory.  We are growing industry scientific knowledge on bee welfare, Mānuka trees and the many benefits of Mānuka honey and propolis.  We have pledged to be carbon neutral by 2025 and carbon positive by 2030, and we are planting more than two million native trees every year. Comvita has operations in Australia, China, North America, South East Asia, and Europe – and of course, Aotearoa New Zealand, where our bees are thriving.


Announcement PDF


Markets News

Markets

Forsyth Barr highlights 'hidden gem' at Ebos

Both businesses were part of its A$1.16b LifeHealthcare acquisition.

Forsyth Barr highlights 'hidden gem' at Ebos
Retail

Retailers say unseasonable weather compounded woes

The Warehouse Group and KMD Brands have both downgraded guidance in recent weeks.

Retailers say unseasonable weather compounded woes