Memorandum
To: Market Participants
From: NZX Product Operations
Date: Thursday, 14 December 2023
Subject: Arvida Group Limited (“ARV”) – Trading to resume at 3:53pm
Message:
NZ RegCo advises that, following the announcement released by Arvida Group Limited (“ARV”) at 3:38pm, trading in ARV ordinary shares will resume at 3:53pm.
Please contact NZX Product Operations on +64 4 496 2853 or [email protected] with any queries.
ENDS
But will it fly with farmers?
The S&P/NZX 50 Index closed at 11,728.06, up 202.18 points or 1.75%.
The 11% stake will likely be fully or mostly sold down.
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