Memorandum
To: Market Participants
From: NZX Product Operations
Date: Tuesday, 26 September 2023
Subject: EROAD Limited (“ERD”) - Trading Halt of Securities
Message:
Further to the recent announcements by EROAD Limited (“ERD”), NZ RegCo advises that at the request of the issuer it has placed a trading halt on ERD ordinary shares. The trading halt was put in place pre-market open this morning.
ERD securities will remain in halt until the earlier of:
- An announcement by the issuer stating the outcome of the retail shortfall bookbuild; or
- Market open on the NZX on Wednesday, 27 September 2023
Please contact NZX Product Operations on +64 4 496 2853 or [email protected] with any queries.
ENDS
The S&P/NZX 50 Index rose 97.07 points, or 0.8%, to 12,447.68.
Fletcher Building subsidiary Iplex Australia to cover 80% of repair costs.
The bus operator's net loss widened from $8m to $17m in the year to March 31.
To join your company account for BusinessDesk and enjoy full access, enter your email and we’ll send you details