Memorandum
To: Market Participants
From: NZX Product Operations
Date: Tuesday, 27 August 2024
Subject: AFC Group Holdings Limited (“AFC”) – trading to resume at market open
Message:
NZ RegCo advises it has lifted the suspension of trading that was in place over AFC Group Holdings Limited (“AFC”) securities. Trading will resume at market open today.
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. Please see the NZX Guidance Notes on Trading Halts and Suspensions, and Delisting, for further information (https://www.nzx.com/regulation/nzx-rules-guidance/nzx-mo-announcements/guidance-notes).
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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