Memorandum
To: Market Participants
From: NZX Product Operations
Date: Monday, 18 September 2023
Subject: Synlait Milk Limited (NS) (“SML”) – Trading to resume at 3:02pm
Message:
NZ RegCo advises that following the release of the announcement by Synlait Milk Limited (NS) at 2:47pm, trading in SML ordinary shares and SML010 will resume at 3:02pm, today.
Please contact NZX Product Operations on +64 4 496 2853 or productoperations@nzx.com 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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