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

Lower bond yields lift NZ sharemarket
Markets Market Close

Lower bond yields lift NZ sharemarket

Lower bond yields have helped drive the NZ sharemarket sharply higher at the close.

Jamie Gray 30 May 2025
Markets

Rakon is set up for a better FY26

The FY result was boosted by a better second half.

Rebecca Howard 30 May 2025
Rakon is set up for a better FY26
Infrastructure

Hopes MMH delisting will help rail line get built

Crawford says a rail link to Northport is crucial for the port's growth.

Dileepa Fonseka 30 May 2025
Hopes MMH delisting will help rail line get built