22 October, 2024
Tower enters NZX 50
Tower Limited (NZX/ASX: TWR) updated the market on 16 October 2024 that S&P Dow Jones Indices had announced that Tower would be added to the NZX 50 Portfolio Index and MidCap Index prior to the opening of trading on 22 October 2024, subject to specified conditions being met.
Tower is pleased to confirm it will be added to the NZX 50 Portfolio Index and MidCap Index today, 22 October 2024.
ENDS
This announcement has been authorised by:
Blair Turnbull
Chief Executive Officer
Tower Limited
For media enquiries, please contact:
Kayla Dalrymple
External Communications Manager
+64 27 951 3710
[email protected]
For investor enquiries, please contact:
James Silcock
Head of Strategy, Planning and Investor Relations
+64 22 395 9327
[email protected]
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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