Memorandum
To: Market Participants
From: NZX Product Operations
Date: Tuesday, 31 May 2022
Subject: Comvita Limited (“CVT”) – Trading Halt of Securities Lifted
Message:
NZ RegCo advises that following Comvita Limited’s (“CVT”) annoucement released at 3:35pm today, trading in CVT Ordinary Shares will resume at 3:50pm.
Please contact NZX Product Operations on +64 4 496 2853 or [email protected] with any queries.
ENDS
The retailer has raised the possibility of a full-year earnings loss.
The NZ-founded company’s giant-killer dreams in the US hinge on this huge bet.
"We’ve continued to lag relative to other markets," analyst says.
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