Memorandum
To: Market Participants
From: NZX Product Operations
Date: Monday, 11 December 2023
Subject: Rakon Limited — Trading Halt of Securities
Message:
NZ RegCo advises that it has placed a trading halt on Rakon Limited (“RAK”) ordinary shares.
The trading halt was placed at 10:13am today, Monday 11 December 2023.
The trading halt will remain in place pending the release of an announcement by the issuer, or market open on Tuesday, 12 December 2023.
Please contact NZX Product Operations on +64 4 496 2853 or [email protected] with any queries.
ENDS
A ‘gold standard’ approach and siloed structure slow the ComCom down.
Economists expect NZ GDP to shrink 0.3% in the June quarter after March growth.
The S&P/NZX 50 Index closed down 0.05% or 6.5 points.
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