Memorandum
To: Market Participants
From: NZX Product Operations
Date: Monday, 8 May 2023
Subject: Westpac Banking Corporation (“WBC”) – Trading Halt of Securities Lifted
Message:
NZ RegCo advises that following the release of the announcements from Westpac Banking Corporation (“WBC”) at 9:49am, trading in WBC ordinary shares will resume at market open today, Monday, 8 May 2023.
Please contact NZX Product Operations on +64 4 496 2853 or [email protected] with any queries.
ENDS
A new pricing regime comes as the company seeks amendments to loan covenants.
Herbert unimpressed by Vital's refusal for due diligence and failure to meet guidance.
The business is reportedly being hit hard by increasing air freight industry competition.
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