EROAD Limited provides the attached Capital Change Notice pursuant to NZX Listing Rule 3.13.1. This notice relates to the issue of 16,571,429 ordinary shares under the institutional placement and the issue of 25,170,643 ordinary shares under the institutional offer and institutional bookbuild announced on 7 September 2023.
Stats NZ data showed NZ's gross domestic product fell 0.9% in the June quarter.
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.
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