Memorandum
To: Market Participants
From: NZX Product Operations
Date: Monday, 26 August 2024
Subject: AFC Group Holdings Limited (“AFC”) – Suspension of trading
Message:
NZ RegCo advises it has suspended trading of AFC Group Holdings Limited (“AFC”) securities for non-payment of annual listing fees. NZX listed issuers must pay annual listing fees, and where payment is not made within 30 business days of the due date NZX will suspend trading of an issuer’s securities.
The suspension of trading of AFC securities will remain in place until payment of the relevant fees.
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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