Memorandum
To: Market Participants
From: NZX Product Operations
Date: Tuesday, 7 November 2023
Subject: Geo Limited (“GEO”) – Trading Halt of Securities
Message:
NZ RegCo advises that, at the request of the Geo Limited (“GEO”), it has placed a trading halt on GEO ordinary shares. The trading halt was placed at premarket open today, Tuesday, 7 November 2023.
GEO has applied for the trading halt while it considers updates to its market guidance, and also its strategic review as announced on 29 August 2023.
The trading halt will remain in place for up to two trading days until the earlier of GEO publishing a market update, or market open on Thursday, 9 November 2023.
Please contact NZX Product Operations on +64 4 496 2853 or [email protected] with any queries.
ENDS
There were 89 rises and 48 falls on the main board.
It is the biggest fall this calendar year.
Both businesses were part of its A$1.16b LifeHealthcare acquisition.
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