EROAD Limited (“ERD”) - Trading Halt of Securities

HALT

Thu, Sep 07 2023 08:30 am

Memorandum

To: Market Participants
From: NZX Product Operations
Date: Thursday, 7 September 2023
Subject: EROAD Limited (“ERD”) - Trading Halt of Securities

Message:

Further to the announcement by EROAD Limited (“ERD”), NZ RegCo advises that at the request of the issuer it has placed a trading halt on ERD ordinary shares. ERD has requested the trading halt to facilitate an orderly market while it is conducting the institutional component of a pro rata accelerated renounceable entitlement offer and an institutional placement. The trading halt was put in place pre-market open this morning.

ERD ordinary shares will remain in halt until the earlier of:
- An announcement by the issuer stating the outcome of the institutional bookbuild; or
- Market open on the NZX on Monday, 11 September 2023

Please contact NZX Product Operations on +64 4 496 2853 or [email protected] with any queries.

ENDS