Steel & Tube Holdings Limited logo

Steel & Tube Requests Trading Halt

Guidance22 May 2018STUMaterials

Level 7, IBM Building
25 Victoria St, Petone

P O Box 30543, Lower Hutt 5040

New Zealand

Tel +64 4 570 5000



22 May 2018

STU/NZX announcement

STEEL & TUBE REQUESTS TRADING HALT

Steel & Tube Holdings Limited (“STU”) has today requested a trading halt of its shares on the NZX

exchange. The trading halt has been sought to allow for STU's Board to complete a review of the

company's financial performance year to date and consider certain other factors, such as asset

valuations, that are likely to impact on earnings guidance for the 2018 financial year previously

provided to the market.

The Company is taking the necessary time to carefully consider these matters. It expects the trading

halt to cease prior to the commencement of trading on Wednesday 23 May 2018 with the

announcement of revised earnings guidance for the 2018 financial year.


-ENDS-

Greg Smith

Chief Financial Officer & Company Secretary

STEEL & TUBE

For further information please contact:

Greg Smith

Steel & Tube CFO

Tel: +64 21 755 803

Email: greg.smith@steelandtube.co.nz

Jackie Ellis

Media and communications

Tel: +64 27 246 2505

Email: jackie@ellisandco.co.nz

Data sourced from publicly available filings. Our datasets may not be complete. Automated analysis can produce errors. If you believe any data on this page is incorrect, please contact us at hello@nzxplorer.co.nz. For informational purposes only. Not investment advice.

Other issuers discussed similar conditions around this time

Matched by meaning across NZX announcement text, not keywords — based on our semantic index of announcement bodies.

  • FSF — Fonterra Shareholders' Fund: Fonterra requests temporary trading halt
    2018-08-08

    9 August 2018 FONTERRA REQUESTS TEMPORARY TRADING HALT Fonterra Co-operative Group Limited (for itself and on behalf of Fonterra Shareholders’ Fund) has requested an immediate trading halt to be applied to their respective securities on: 1. the ASX; 2. NZX Main Board/…”

  • FCG — Fonterra Co-operative Group Limited: Fonterra requests temporary trading halt
    2018-08-08

    9 August 2018 FONTERRA REQUESTS TEMPORARY TRADING HALT Fonterra Co-operative Group Limited (for itself and on behalf of Fonterra Shareholders’ Fund) has requested an immediate trading halt to be applied to their respective securities on: 1. the ASX; 2. NZX Main Board/…”

  • FBU — Fletcher Building: Request for Trading Halt
    2018-04-17

    Request for Trading Halt Auckland, 17 April 2018: Fletcher Building Limited has today requested a trading halt of its ordinary shares on the NZX Main Board and the ASX. The Company has sought this trading halt while it undertakes an accelerated entitlement offer of ordinar…”