CBD – Suspension of trading of Securities
HALT
Thu, Mar 28 2024 05:39 pm
Memorandum
To: Market Participants
From: NZX Product Operations
Date: Thursday, 28 March 2024
Subject: Cannasouth Limited (Administrators Appointed) (“CBD”) – Suspension of trading of Securities
Message:
NZ RegCo advises that it has exercised its discretion under NZX Listing Rule 9.9.3(b) and suspended the trading of Cannasouth Limited (Administrators Appointed) (“CBD”) ordinary shares. The suspension was applied today, Thursday, 28 March 2024.
NZ RegCo has suspended the trading of CBD ordinary shares following the announcement by CBD at 5:03pm today, Thursday, 28 March 2024 that CBD has been placed into voluntary administration.
Please contact NZX Product Operations on +64 4 496 2853 or [email protected] with any queries.
ENDS
Announcement PDF
Markets News
Markets
Market Close
NZ sharemarket has 'soft day', down 0.5%
The S&P/NZX 50 Index closed down 0.53% or 71.407 points to 13,306.44.
Property
Fletcher Building puts ‘noise’ in the past
New directors say shareholders are right to expect more, and they intend to deliver.
Markets
Air NZ expects 1H loss of $30m to $55m
According to Air NZ, it had anticipated a 2% to 3% revenue uplift.
