RTO Limited (“RTO”) – Share Consolidation

MEMO
Tue, Aug 27 2024 09:49 am

Memorandum

To: Market Participants
From: NZX Product Operations
Date: Tuesday, 27 August 2024
Subject: RTO Limited (“RTO”) – Share Consolidation

Message:

On Monday, 26 August 2024 RTO Limited (“RTO”) announced that it will undertake a share consolidation.

Shareholders will receive one RTO ordinary share for every 73.6259 RTO ordinary shares held at 5pm on the Record Date of Friday, 30 August 2024.

In order for the share consolidation to be processed, RTO ordinary shares will be halted from pre-market open on Ex Date, Thursday, 29 August 2024.

On Monday, 2 September 2024, trading will resume in RTO ordinary shares.

A timetable of events is attached

Please contact NZX Product Operations on +64 4 496 2853 or [email protected] with any queries.

ENDS


Announcement PDF


Markets News

NZ sharemarket steady despite US slump
Markets Market Close

NZ sharemarket steady despite US slump

Financial adviser says investors holding their breath for reporting season.

Markets

ASB's $35.5m mystery payout to customers

CBA reveals A$33m remediation provision for ASB customers ahead of A$10b expected result.

ASB's $35.5m mystery payout to customers