Memorandum
To: Market Participants
From: NZX Product Operations
Date: Thursday, 6 July 2023
Subject Pacific Edge Limited (“PEB”) - Trading Halt of Securities
Message:
NZ RegCo advises that, at the request of the issuer, it has placed a trading halt on Pacific Edge Limited (“PEB”) ordinary shares. The halt was placed at 10:14am today, Thursday, 6 July 2023.
The trading halt is expected to be lifted after the release of a material announcement by PEB, relating to the status of the recent Novartis LCD decision for Cxbladder.
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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