Memorandum
To: Market Participants
From: NZX Product Operations
Date: Monday, 23 December 2024
Subject: Synlait Milk Limited (“SML”) – removal of NS designation
Message:
NZ RegCo advises of the removal of the Non Standard (NS) designation for Synlait Milk Limited (SML). The NS designation was a condition of a NZX Listing Rule waiver granted in relation to certain governance arrangements. The waiver ceased to apply after SML’s recent equity capital raise.
The removal of the NS designation is effective immediately and will update on NZX.com overnight.
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 12,320.19, up 7.59 points or 0.062%.
Economists are widely expecting a 25 bps rate cut next week.
Is New Zealand still fixated on the 1kg block of cheese?
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