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
The S&P/NZX 50 Index closed at 12,943.57, gaining 59.19 points or 0.46%.
Around 80% of Air NZ's emissions from jet fuel are from international flights.
“We expect investor support for a capital raise," Jarden's Arie Dekker said.
To join your company account for BusinessDesk and enjoy full access, enter your email and we’ll send you details