Fletcher Building Ltd (“FBU”) – 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:
Wednesday, 11 October 2023
Subject
: Fletcher Building Limited (“FBU”) – Trading Halt of Securities
Message
:
NZ RegCo advises that it has placed a trading halt on Fletcher Building Limited (“FBU”) at the
request of the company. The halt was placed at 12:01pm today, Wednesday, 11 October 2023.
FBU has been made aware that BGC (Australia) Pty Ltd (“BGC”), one of the group home
builders in Western Australia who installed the Iplex Australia Pro-fit in respect of which issues
have arisen due to plumbing failures, is to present findings of what it terms an independent
expert investigation into the Iplex pipes matter and has briefed persons in advance of that
meeting. FBU wishes to ensure that the market does not trade materially influenced by false or
misleading information and has sought a trading halt until it can respond to BGC’s briefing.
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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