Winton confirms that it has issued proceedings in the Auckland High Court under the Commerce Act, alleging anti-competitive conduct by Government housing agency Kāinga Ora.
Winton is seeking Court declarations that Kāinga Ora’s conduct is unlawful and in breach of the Commerce Act, and an order requiring Kāinga Ora to consider Sunfield for assessment under the UDA, as well as substantial damages for Kāinga Ora’s conduct to date.
The costs of the proceeding are not anticipated to materially affect Winton’s FY23 guidance.
Ends.
For investor or analyst queries, please contact:
Jean McMahon, CFO
+64 9 869 2271
[email protected]
For media queries, please contact:
Sonya Fynmore
+64 21 404 206 / [email protected]
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