MARKET RELEASE
3 September 2024
Share settlement update
TradeWindow (NZX: TWL) wishes to advise that settlement for the first tranche of shares subscribed for by Mr. AJ Smith, Executive Director and CEO, on deferred payment terms pursuant to an agreement approved by shareholders at a special meeting held on 12 June 2024 has been delayed from the original settlement date of 31 August 2024 to 6 September 2024.
ENDS
About TradeWindow:
Founded in December 2018, TradeWindow is an NZX-listed software company that provides digital solutions for exporters, importers, freight forwarders, and customs brokers to drive productivity, increase connectivity, and enhance visibility. TradeWindow’s software solutions integrate to form a cohesive digital trade platform that enables customers to more efficiently run their back-end operations, share information and securely collaborate with a global supply chain made up of customers, ports, terminals, shipping lines, banks, insurance companies, and government authorities.
www.tradewindow.io
The S&P/NZX 50 Index closed at 12,765.24, up 28.18 points or 0.22%.
Despite a $7m net loss, subscription revenue grew 28%.
Company expects market conditions to remain challenging in the second half.
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