Memorandum
To: Market Participants
From: NZX Product Operations
Date: Thursday, 28 September 2023
Subject: Enprise Group Limited (“ENS”) – Trading Halt of Securities
Message:
NZ RegCo advises that it has placed a trading halt on Enprise Group Limited (“ENS”) at the request of the company. The halt was placed at 10:01am today, Thursday, 28 September 2023.
The trading halt will remain in place pending the release of an announcement by ENS providing further information in relation to its announcement of 8.30am regarding the resolution of litigation with MYOB Australia Pty Ltd, or market open on Monday 2 October 2023.
Please contact NZX Product Operations on +64 4 496 2853 or [email protected] 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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