Warehouse granted approval to delist from ASX

Warehouse Group, the biggest retailer on the NZX 50 Index, has been given approval to delist from the Australian stock exchange after high costs forced it to review its duel listing.

The retailer has complied with the conditions set out by the ASX and will be removed from the exchange on June 29. Shares will be suspended from trading on the ASX on June 22 to allow time for settlement before the company is removal from the exchange.

Warehouse shareholders who wish to retain their shares will be transferred to the New Zealand bourse. The retailer's shares have shed 14 percent this year on the NZX, currently trading at $2.54.

BusinessDesk.co.nz

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:

EROAD Appoints New Director Progressing Board Renewal
OCA delivered record full year result
BLT - Strong revenue and underlying earnings growth
MFB - Food Bag reports full year profitability up 5.3%
TWR - Tower reports strong HY earnings
IPL - FY26 Annual Results
May 21st Morning Report
May 20th Morning Report
May 19th Morning Report
PYS - PaySauce to announce F26 full year results on 27 May 2026