Memorandum
To: Market Participants
From: NZX Product Operations
Date: Wednesday, 26 April 2023
Subject: Synlait Milk Limited (“SML”) – Trading Halt Lifted
Message:
NZ RegCo advises that following the release of the announcement from Synlait Milk Limited (“SML”) at 8.30am, trading in SML quoted equity and debt securities will resume at market open today.
Please contact NZX Product Operations on +64 4 496 2853 or [email protected] 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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