Please see attached a Substantial Product Holder notice for The a2 Milk Company (New Zealand) Limited (“a2MC NZ”) in Synlait Milk Limited (NS) ("SML")
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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