Enprise Group Limited logo

Enprise Group Limited (“ENS”) – Trading Halt of Securities

Listing Change4 August 2023ENSInformation Technology

NZX Limited
Level 1, NZX Centre

11 Cable Street

PO Box 2959

Wellington 6140

New Zealand

Tel +64 4 472 7599


www.nzx.com



Memorandum


To:

Market Participants

From:

NZX Product Operations

Date:

Friday, 4 August 2023

Subject

: Enprise Group Limited (“ENS”) – Trading Halt of Securities



Message

:

NZ RegCo advises that, at the request of the issuer, it has placed a trading halt on Enprise

Group Limited (“ENS”) ordinary shares. The trading halt was placed at 2.53pm today.


The trading halt is in place while ENS considers details of an injunction granted today, and the

implications for ENS. The injunction relates to the following. On 1 August 2022, ENS advised

the market that its subsidiary Kilimanjaro Consulting Pty Ltd (“Kilimanjaro”) had formally

disputed retrospective reduction in margins that Kilimanjaro receives on existing sales of MYOB

Exo software. On 16 December 2022, ENS advised the market that Kilimanjaro had

commenced legal proceedings against MYOB.


The trading halt will remain in place until the earlier of an announcement by ENS about the

injunction, or market open Monday, 7 August 2023.


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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