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