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CSM Group Limited (“CSM”) – Suspension of quotation

NZX Compliance16 December 2019MEEConsumer Staples

NZX Limited
Level 1, NZX Centre

11 Cable Street

PO Box 2959

Welli ngton 6140

New Zealand

Tel +64 4 472 7599


www.nzx.com


Memorandum


To: Market Participants

From: NZX Regulation

Date: Tuesday, 17 December 2019

Subject: CSM Group Limited (“CSM”) - Suspension of quotation



Message:

NZX Regulation (“NZXR”) advises that it has suspended the quotation of CSM ordinary shares.

The suspension of quotation was placed pre-market open today.

As outlined in a market memorandum released on Friday 13 December 2019, NZXR had

applied a trading halt over CSM ordinary shares while discussing with CSM the proposed

acquisition of The Good Brand Company Limited and Me Today Limited (the “Acquisition”). The

Acquisition constitutes a reverse listing which, in accordance with NZX guidance, triggers a

suspension of quotation. This process is contemplated by the NZX Guidance Note on Backdoor

and Reverse Listing Transactions and is designed to ensure that the shares in an Issuer can

only be traded where the market is fully informed about all material aspects of a potential

acquisition in the context of a reverse listing transaction.

The suspension will remain in place until information contemplated by a Notice of Meeting or

Profile is disclosed to the market.

Please see the NZX Guidance Note on Backdoor and Reverse Listing Transactions for further

detail about the information contemplated by a Notice of Meeting or Profile, and when NZX may

exercise its discretion under NZX Listing Rule 1.11.1 - https://www.nzx.com/regulation/nzx-

rules-guidance/nzx-mo-announcements/guidance-notes

Please contact NZX Product Operations on +64 4 496 2853 or productoperations@nzx.com

with any queries.

ENDS

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.

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