Memorandum
To: Market Participants
From: NZX Product Operations
Date: Friday, 13 October 2023
Subject: Sky Network Television Limited (“SKT”) – Trading Halt of Securities
Message:
NZ RegCo advises that, further to the announcement by Sky Network Television Limited (“SKT”) at 8.59am this morning, it has placed a trading halt on SKT to enable NZ RegCo to further engage with SKT regarding details of the NBIO. The halt was placed at pre-market open today, Friday, 13 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 the day’s low of 12,349.47, down 46.79 points or 0.38%.
Forsyth Barr says a premium valuation is now warranted.
The only worst performer is the Norwegian krone.
To join your company account for BusinessDesk and enjoy full access, enter your email and we’ll send you details