Pursuant to section 331 of the Financial Markets Conduct Act 2013, the Financial Markets Authority on 20 September 2019 approved rule changes for the Fonterra Shareholders Market (FSM) operated by NZX, as contained in the notice Financial Markets Conduct (Fonterra Shareholders’ Market Listing Rules) Approval of Rule Change Notice 2019.
The amendments to the FSM Listing Rules reflect corresponding changes made to the NZX Listing Rules in 2018, and allows NZX to replace the FSM Listing Rules dated 1 May 2018. The FSM Listing Rules apply to the Fonterra Co-operative Group Limited (“Fonterra”) and the FSM on a basis that corresponds to the application of the NZX Listing Rules to issuers with equity securities listed on the NZX Main Board.
The amended FSM Listing Rules will come into effect on 1 October 2019, or such subsequent date to be agreed between NZX and Fonterra.
Copies of the notices are available on the Financial Markets Authority’s website: www.fma.govt.nz.
Copies are also available for purchase on request to the Financial Markets Authority, Level 2, 1 Grey Street, Wellington, or Level 5, Ernst & Young Building, 2 Takutai Square, Britomart, Auckland, or by post to PO Box 1179, Wellington 6140.