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 is down 1.5% since the beginning of the year.
Pacific Edge is on a trading halt until Monday.
The downgrade comes ahead of Jan 26, when Briscoe's financial year ends.
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