Memorandum
To: Market Participants
From: NZX Product Operations
Date: Monday, 8 May 2023
Subject: Pushpay Holdings Limited (“PPH”) – Intention to Delist
Message:
On Monday, 8 May 2023, Pushpay Holdings Limited (“PPH”) announced the High Court has issued final orders approving the Scheme of Arrangement (“Scheme”) with Pegasus Bidco Limited.
Further to the announcement, NZX Operations (“NZXO”) advises of the intention for PPH ordinary shares to delist from the NZX Main Board.
The final day of trading in PPH ordinary shares will be Wednesday, 10 May 2023, with trading in PPH being halted and suspended at close of business. The record date for determining shareholder entitlements to participate in the Scheme is Friday 12 May 2023.
Subject to final NZX conditions being met, and the Scheme being implemented as proposed, PPH ordinary shares will be delisted and will cease to be quoted on the NZX Main Board from close of business on Friday, 19 May 2023.
Please contact NZX Product Operations on +64 4 496 2853 or [email protected] with any queries.
ENDS
The S&P/NZX 50 Index is down 1.5% since the beginning of the year.
Pacific Edge is on a trading halt until Monday.
The downgrade comes ahead of Jan 26, when Briscoe's financial year ends.
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