Announcement
HALT: NZXR: Livestock Improvement ("LIC") - Trading Halt of Securities
09:24am
NZXR
18/02/2020 09:24
HALT
NOT PRICE SENSITIVE
REL: 0924 HRS NZX Regulation
HALT: NZXR: Livestock Improvement ("LIC") - Trading Halt of Securities
Memorandum
To: Market Participants
From: NZX Product Operations
Date: Tuesday, 18 February 2020
Subject: Livestock Improvement Corporation Limited ("LIC") - Trading Halt of
Securities
Message:
NZX Regulation ("NZXR") advises that, at the request of the company, it has
placed a trading halt on Livestock Improvement Corporation Limited ("LIC")
ordinary shares. The trading halt was placed pre market open this morning.
The halt follows LIC's announcement this morning that LIC is in advanced but
ongoing discussions in relation to the possible acquisition of an interest in
Afimilk Agricultural Cooperative Limited ("Afimilk").
The trading halt has been put in place pending the release of an announcement
by the company regarding the outcome of the proposed transaction with
Afimilk.
The halt will remain in place until the earlier of:
o An announcement made by the issuer in relation to the possible transaction;
or
o Market open on Thursday, 20 February 2020.
Please contact NZX Product Operations on +64 4 496 2853 or
productoperations@nzx.com with any queries.
ENDS
End CA:00348580 For:NZXR Type:HALT Time:2020-02-18 09:24:48
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