Memorandum
To: Market Participants
From: NZX Product Operations
Date: Friday, 18 August 2023
Subject: Fonterra Shareholders' Fund (NS) (“FSF”) - Trading resumes at market open
Message:
NZ RegCo advises that following completion of NZX and share registry processing of the Fonterra Co-operative Group Limited (“FCG”) capital return by way of Scheme of Arrangement, trading in FSF Units will resume at market open today.
Please contact NZX Product Operations on +64 4 496 2853 or [email protected] with any queries.
ENDS
A ‘gold standard’ approach and siloed structure slow the ComCom down.
Economists expect NZ GDP to shrink 0.3% in the June quarter after March growth.
The S&P/NZX 50 Index closed down 0.05% or 6.5 points.
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