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Allied Farmers Trading Halt – NZ Rural Land Co Settlements

NZX Compliance31 May 2021ALFFinancials

Allied Farmers Ltd
201 Broadway, Stratford, 4332

PO Box 304, Stratford 4352


Phone: 06 765 6199

Web: http://www.alliedfarmers.co.nz

Email: headoffice@alliedfarmers.co.nz


1 June 2021


announce@nzx.com



Allied Farmers Trading Halt - NZ Rural Land Co Settlements


As advised to the market yesterday by both Allied Farmers Limited (“Allied Farmers”

NZX: ALF) and New Zealand Rural Land Company Limited (NZX: NZL), the

transactions approved by its shareholders on 24 May 2021 are now unconditional

and are due for settlement today.


Due to the volume of NZL transactions settling today and the contingencies relating to

those settlements, NZL has requested that NZ RegCo place NZL in a trading halt from

market open today until the outcome of all of today’s settlements is known and advised

to market.


Given that confirmation of each NZL settlement will be announced to the market after

it occurs (and during the period of NZL’s halt), Allied Farmers has also requested that

NZ RegCo place ALF in a trading halt from market open today until the outcome of all

of today’s NZFL settlements is known and advised to market.


Allied Farmers has made this request because it wishes to ensure that, if any of the

settlements do not occur (and in particular the settlement of the two additional assets

sold to other parties under their unconditional agreements), Allied Farmers’s has

sufficient time to consider the impact of that outcome in order to update the market.




Richard Perry

Chair

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