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

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