Memorandum
To: Market Participants
From: NZX Product Operations
Date: Tuesday, 12 July 2022
Subject: Trade Window Holdings Limited ("TWL") – Trading Halt of Securities
Message:
NZ RegCo advises that, at the request of the company, it has placed a trading halt on Trade Window Holdings Limited ("TWL") ordinary shares quoted on the NZX. The trading halt was placed pre-market open today.
The trading halt has been put in place while TWL undertakes the placement component of a capital raise.
The trading halt will remain until TWL announces completion of the placement component of the capital raise, or market open on Thursday, 14 July 2022.
Please contact NZX Product Operations on +64 4 496 2853 or productoperations@nzx.com with any queries.
ENDS
The S&P/NZX 50 Index closed at 12,266.25, gaining 57.2 points or 0.47%.
Goldman Sach analysts have a 12-month target price of A$2.85 ($3.14).
An investment firm bought the stake, which included 116,145 hectares of forestry.
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