No continuous disclosure investigation

GENERAL

Tue, Aug 27 2024 04:44 pm

No continuous disclosure investigation
27 August 2024
Rakon Limited (NZX:RAK) is aware of recent media reporting to the effect that NZ RegCo was assessing a complaint about the timing of Rakon’s market disclosures regarding the conclusion of the process undertaken in response to an unsolicited, non-binding, indicative offer (NBIO) process announced to the market in December 2023.
Rakon has today received confirmation that NZ RegCo will not be opening an investigation into that complaint.
ENDS

Investor and media relations
Nick Laurent
[email protected]
+64 21 240 7541
About Rakon
Rakon is a global high technology company and a world leader in its field. The company designs and manufactures advanced frequency control and timing solutions. Its three core markets are Telecommunications, Positioning and Space and Defence. Rakon’s products are found at the forefront of communications where speed and reliability are paramount. Its products create extremely accurate electric signals which are used to generate radio waves and synchronise time in the most demanding communication applications.
www.rakon.com