Memorandum

To: Market Participants
From: NZX Product Operations
Date: Monday, 17 December 2018
Subject: Southern Charter Financial Group Limited (“SNC”) – Late Preliminary Half Year Report

Message:
NZX Regulation (“NZXR”) advises that Southern Charter Financial Group Limited (“SNC”) has not issued its Preliminary Half Year Report to NZX for the period ending 30 September 2018 which, under NZAX Listing Rule 10.4.1 was due to be announced to NZX on or before Friday, 14 December 2018.

Pursuant to Footnote 2 of NZAX Listing Rule 5.4.3, if an Issuer has not issued its Preliminary Half Year Report within 5 business days of the due date, trading of that Issuer’s securities will be suspended until the Issuer has issued its Preliminary Half Year Report.

Accordingly, if SNC does not provide its Preliminary Half Year Report by market close on Friday, 21 December 2018, NZXR gives notice that trading in SNC’s securities will be suspended, effective from market open on Monday, 24 December 2018.

Please contact NZX Product Operations on +64 4 496 2853 or productoperations@nzx.com with any queries.

ENDS