QEX Logistics Limited (NZX: QEX) NZ Markets Disciplinary Tribunal Censure

On 24 September 2021, QEX Logistics Limited (QEX) and NZX Limited (NZX) reached a settlement agreement in relation to QEX’s breach of Rule 3.1.1 of the NZX Listing Rules (Settlement Agreement). The Settlement Agreement was conditional on the approval by the NZ Markets Disciplinary Tribunal (Tribunal).

In the Settlement Agreement, QEX accepted the breach set out and the penalties imposed. QEX was censured and fined $80,000.

The Tribunal has approved the Settlement Agreement and released the censure and details of the fine today.

QEX accepts the Tribunal’s determination that it was in breach of its continuous disclosure obligations.

Please see the link below for details

NZX Disclosure - NZMDT Censure

Source: QEX Logistics Limited

Comments from our readers

No comments yet

Add your comment:

Your name:
Your email:	Not displayed to the public
Comment:
Comments to Sharechat go through an approval process. Comments which are defamatory, abusive or in some way deemed inappropriate will not be approved. It is allowable to use some form of non-de-plume for your name, however we recommend real email addresses are used. Comments from free email addresses such as Gmail, Yahoo, Hotmail, etc may not be approved.

Anti-spam verification:

Type the text you see in the image into the field below. You are asked to do this in order to verify that this enquiry is not being performed by an automated process.

Related News:

September 19th Morning Report
Smartpay Scheme Booklet and Notice of Meeting
September 18th Morning Report
Seeka Increases Forecast Full Year Earnings Guidance
TEM - Ability to invest in derivatives
Devon Funds Morning Note - 16 September 2025
September 17th Morning Report
MPG - Recapitalisation Closes Oversubscribed, Raises $23.9m
IPL - Indicative Issue Margin Range for Notes Offer
TWG partners with Tata Consultancy Services