Synlait nzx. It operates through Synlait and Dairyworks segments.

Synlait nzx He was previously Chair of Bell Tea & Coffee, Chair of the New Zealand Grocery Council and Occupational Health and Safety Board and a Director of Hellers Group and Tegel Foods. It operates through Synlait and Dairyworks segments. Synlait is updating its FY23 net profit after tax (NPAT) guidance range to a net loss of ($5) million to a Aug 20, 2024 · a $185 million issue of shares to Bright Dairy Holding Limited (Bright) at an issue price of $0. Synlait has engaged investment banking firm Jarden to advise on the divestment. Tao Zhang, the Deputy Finance Director of Bright Dairy & Food Co. A notice of meeting will be issued and set out further NZX Main Board (NZSX) NZX Debt Market (NZDX) SGX-NZX Dairy Derivatives; NZX Equity Derivatives (NZCX) Fonterra Shareholders Market (FSM) S&P/NZX Indices; Regulation. NZ RegCo; Synlait Milk Limited (Synlait) advises that it has released its first Integrated Climate Report, incorporating the company’s sustainability report, climate-related Synlait Milk Limited (Synlait) CEO Grant Watson is creating a smaller Executive Leadership Team (ELT) to increase alignment, reduce costs, and accelerate growth. 9 million. chalmers@synlait. 25/kgMS. com NZX: SML ASX: SM1 30 September 2024 Synlait Publishes FY24 Result; Deleveraging Delivered; $0. Synlait has issued NZ$180 million of unsecured, subordinated, fixed rate bonds. The increase follows recent strengthening in global commodities prices since Synlait’s last update on 10 October 2024. 00 per kgMS, up from $9. 58. 1. Board and Management have undertaken a review of the impact of previously disclosed risks affecting Synlait's performance, and as a result, the company has altered its full year forecast based on: o an expectation of ongoing shipping delays, which will result in the sale of some ingredient Synlait Milk Limited (Synlait) has entered into definitive documentation to implement a refinancing of its banking facilities. NZ RegCo; Synlait Milk Limited (Synlait) has updated its full year 2023 (FY23) guidance. Synlait Milk Limited (Synlait) has increased its forecast base milk price for the 2024/2025 season. This was followed by a compliance listing on the ASX in November 2016. NZX/SM1. 3. 5450 / -57. 00 per kgMS. Synlait Milk Limited (Synlait) has appointed KPMG as its new external auditor following the resignation of PricewaterhouseCoopers (PwC). 20c / kgMS Synlait's ability to achieve a successful refinance of its banking facilities one year from now will require Jun 3, 2024 · NZX Main Board (NZSX) NZX Debt Market (NZDX) SGX-NZX Dairy Derivatives; NZX Equity Derivatives (NZCX) Fonterra Shareholders Market (FSM) S&P/NZX Indices; Regulation. The previously announced guidance stated that Synlait’s earnings before interest, taxes, depreciation, and amortisation (EBITDA) performance was to be at the lower end of the $45 million to $60 million range, excluding a non-cash adjustment for the product costing method change of Synlait Full Year 2023 Investor Presentation Synlait Full Year 2023 Media Release Synlait Full Year 2023 Shareholder Letter NZX Results Template Synlait Full Year 2023 Annual Report. Synlait Milk Limited (Synlait) today published its financial result for the 12 months ended 31 July 2021. 6 million o Net debt down 19% to $391. Synlait advises that it has successfully completed its planned bank refinancing today. Synlait's Nominations Sub-Committee will immediately commence a search for an Independent Director to fill the vacancy. 50 per kgMS, up from $9. Synlait Full Year 2023 Investor Presentation 3. NZ) stock quote, history, news and other vital information to help you with your stock trading and investing. For more information contact: Hannah Lynch Head of Strategy & Corporate Affairs P: +64 21 252 8990 E: hannah. , Ltd (Bright Dairy), has been elected as one of the Bright Dairy Appointed Director's on the Synlait Milk Limited (Synlait) Board. NZ RegCo; NZX Rules & Guidance; NZ Markets Disciplinary Tribunal; Synlait Milk Limited (Synlait) advises that all resolutions put to shareholders at its Annual Meeting today were passed. As stated in prior market announcements relating to Synlait’s deleveraging plans, and its recent notice of meeting dated 20 August 2024, the company has been in discussions with proposed lenders over recent months. Synlait CEO Grant Watson commented: “Settling these disputes is another positive step forward in our business recovery plan. com under the ticker code “SML” NZX Main Board (NZSX) NZX Debt Market (NZDX) SGX-NZX Dairy Derivatives; NZX Equity Derivatives (NZCX) Fonterra Shareholders Market (FSM) S&P/NZX Indices; Regulation. List of . 6 million against its long-term assets. Ruth's remarkable Markets. 60 per kgMS, up from $8. Dairy commodity prices have continued to improve since Synlait's previous announcement, underpinning the forecast increase. For more information NZX Main Board (NZSX) NZX Debt Market (NZDX) SGX-NZX Dairy Derivatives; NZX Equity Derivatives (NZCX) Fonterra Shareholders Market (FSM) S&P/NZX Indices; Regulation. 00pm this Thursday 11 July 2024. Annual Meeting attendance In person The meeting will be at Synlait’s Dunsandel facility, located at 1028 Heslerton Road, RD13 Rakaia, Canterbury, New Zealand. Instrument Name: Synlait Synlait Milk Limited (Synlait) today announced its financial result for the 12 months ended 31 July 2022 and published its refreshed strategy, which has a greater focus on the company's core business opportunities: Advanced Nutrition, Ingredients, Consumer and Foodservice. nzx. 1 and 5. Synlait’s Board and Management is Synlait Milk Limited (Synlait) has updated its full year (FY21) guidance. These amendments are required as the final step Synlait Milk Limited (Synlait) this morning updated staff that it has commenced a consultation process to update its organisational structure. 6 billion. The forecast for the 2024/2025 season has increased to $8. Synlait Milk Limited’s (Synlait) Special Shareholders’ Meeting will be held on Thursday 11 July 2024 at 2. Synlait has key financial covenants in place with its Synlait Milk Limited’s (Synlait) Special Shareholders’ Meeting is to be held at 2. Whole milk powder and skim milk powder prices have fallen 12% and 11% since Synlait's last update in May 2023 to the lowest levels in three years. 8 million o Operating cash flows up 269% to $117. NZ RegCo; View Synlait Milk View the latest share price information for Synlait on the NZX. NZX Main Board (NZSX) NZX Debt Market (NZDX) SGX-NZX Dairy Derivatives; NZX Equity Derivatives (NZCX) Fonterra Shareholders Market (FSM) S&P/NZX Indices; Regulation. Please see table in attached announcement for the full results. Synlait Chair George Adams commented: “Thank Markets. There will be a briefing on the result at 11. 60 (a 100% premium to the closing price of Synlait’s shares on the NZX Main Board on [15] August 2024 (which was the last undisturbed share price prior to announcement of the settlement with The a2 Milk Company)), which will increase its Dec 22, 2024 · Memorandum To: Market Participants From: NZX Product Operations Date: Monday, 23 December 2024 Subject: Synlait Milk Limited (“SML”) – removal of NS designation Message: NZ RegCo advises of the removal of the Non Standard (NS) designation for Synlait Milk Limited (SML). NZ RegCo; NZX Rules & Guidance; NZ Markets Disciplinary Tribunal; Rob and Charles' appointments are effective immediately. 30pm today. Synlait will only be able to meet its $130 million payment obligation to its banks on 15 July 2024 if the resolution is approved by shareholders other than Bright Dairy by way of an ordinary resolution. Should a divestment occur, the proceeds will be used to pay down debt. Feb 11, 2024 · NZX Main Board (NZSX) NZX Debt Market (NZDX) SGX-NZX Dairy Derivatives; NZX Equity Derivatives (NZCX) Fonterra Shareholders Market (FSM) S&P/NZX Indices The Board and Management are actively working on the need to deleverage Synlait's balance sheet as a priority. George is Chair of NZX-listed Bremworth Limited, Director of NZX-listed Arborgen, and Chair of the Business Leaders Health & Safety Forum. 9 million o EBITDA up 45% to $68. The ASX Listing Rules also require that Synlait immediately provides to ASX all the information which it provides to NZX that is, or is to be, made public. 52 Week Change:-$0. The forecast has increased to $9. Synlait is now commencing its search for a NZX Main Board (NZSX) NZX Debt Market (NZDX) SGX-NZX Dairy Derivatives; NZX Equity Derivatives (NZCX) Fonterra Shareholders Market (FSM) S&P/NZX Indices; Regulation. Synlait Full Year 2023 Annual Report 2. 20 August 2024 . NZ RegCo; NZX Rules & Guidance; NZ Markets Disciplinary Tribunal; Synlait Milk Limited. com End NZX Main Board (NZSX) NZX Debt Market (NZDX) SGX-NZX Dairy Derivatives; NZX Equity Derivatives (NZCX) Fonterra Shareholders Market (FSM) S&P/NZX Indices; Regulation. Synlait purchased Aug 20, 2024 · Synlait Milk Limited · 1028 Heslerton Road, RD13 Rakaia, Canterbury, New Zealand · +643 373 3000 · www. 50 per kgMS. o Net Aug 21, 2024 · Synlait Milk Limited (Synlait) notes the article published by BusinessDesk this morning regarding the possible sale of raw milk in the North Island to Open Country. Please see the table in attached announcement. Holders who elect to Aug 27, 2024 · Synlait Milk Limited (Synlait) advises that it has received a notice of complaint sent on behalf of Dr John Penno regarding the special shareholders' meeting to be held on 18th September 2024. " Leon will continue in his role until the end of April. The Synlait has an amazing team that is making a positive and sustainable impact in the areas we operate. Market update: bank refinancing complete, guidance confirmation & a2MC NPMSA response Synlait Milk Limited (Synlait) is providing several updates to the market, as set out below. 37%. Please find the following materials attached: 1. 2 million, plus a total average milk price of $6. NZX Main Board (NZSX) NZX Debt Market (NZDX) SGX-NZX Dairy Derivatives; NZX Equity Derivatives (NZCX) S&P/NZX Indices; Regulation. Synlait Milk Limited Ordinary Shares: Issued By: Synlait Milk Limited: ISIN: NZSMLE0001S9: Type: Ordinary Shares: George Adams Independent Chair. Synlait Milk Limited (Synlait) has reduced its forecast base milk price for the 2023 / 2024 season to $7. Synlait's banking group remains supportive, having today completed the planned refinancing Synlait Milk Limited (Synlait) confirms that it has agreed and entered into documentation with its bank lenders to implement the amendments and waivers to its banking facilities as signalled in the Synlait notice of meeting dated 25 June 2024. Nov 25, 2024 · Memorandum To: Market Participants From: NZX Product Operations Date: Tuesday, 26 November 2024 Subject: Synlait Milk Limited (“SML010”) – Maturity Message: Further to the announcement made by Synlait Milk Limited (“SML010”) on Tuesday, 26 November 2024, NZX Operations (“NZXO”) advises that the final quotation date Synlait Milk Limited NZX Main Board (NZSX) NZX Debt Market (NZDX) SGX-NZX Dairy Derivatives; NZX Equity Derivatives (NZCX) Fonterra Shareholders Market (FSM) S&P/NZX Indices; Regulation. NZX Main Board (NZSX) NZX Debt Market (NZDX) SGX-NZX Dairy Derivatives; NZX Equity Derivatives (NZCX) Fonterra Shareholders Market (FSM) S&P/NZX Indices The attached presentation will be delivered to shareholders by Synlait Chair George Adams and Acting CEO Tim Carter at the company's Annual Meeting, commencing at 1. 1 million. o Earnings before interest, taxes, depreciation, and amortization (EBITDA) was $19. The reduction is due to dairy commodity prices declining against previous expectations. Synlait has provided notice of a Special Shareholders’ Meeting (SSM) which is required in connection with Synlait Milk Limited (Synlait) CEO Grant Watson has appointed Andy Liu as Chief Financial Officer (CFO). NZX Results Template Key financial highlights: o Please see the attached presentation, which will be delivered to shareholders by Synlait Acting Chair Paul McGilvary and CEO Grant Watson at the company's Annual Meeting commencing at 1. An ordinary resolution is a resolution that is approved by a simple majority of the votes of those shareholders entitled to vote and voting The attached presentation will be delivered to shareholders by Synlait Chair George Adams and Acting CEO Tim Carter at the company's Annual Meeting, commencing at 1. In April, Synlait announced it was undertaking a strategic review of its North Island assets, including its manufacturing facility in Pokeno and its blending and canning facility in Apr 25, 2023 · NZX Debt Market (NZDX) SGX-NZX Dairy Derivatives; NZX Equity Derivatives (NZCX) Fonterra Shareholders Market (FSM) S&P/NZX Indices; Regulation. While Synlait's overall Full Year 2023 (FY23) guidance is unchanged due to an increase in Advanced Nutrition, Consumer, and Foodservice volumes, the following factors will result in Synlait's HY23 Net Profit After Tax (NPAT) being Synlait has appointed Stephanie Manning as Director of People & Culture. In 2019, Synlait joined the NZX Debt Market, issuing NZ$180 million of unsecured, subordinated, fixed rate bonds. 30pm (NZT), in person and online. August 2024, be approved for all purposes, including under NZX Listing Rules 4. Synlait Milk Limited (Synlait) notes that 68,820 Performance Share Rights have lapsed as of 24 January 2025. NZX/ASX Market Release a2MC to support and participate in Synlait equity raise The a2 Milk Company Limited (a2MC, the Company) notes the announcement made today by Synlait Milk Limited (Synlait – NZX: SML; ASX: SM1) providing an update in relation to its proposed recapitalisation to reduce Synlait’s debt. 2 NOT FOR DISTRIBUTION OR RELEASE IN THE UNITED STATES 11 November 2020 Synlait Milk NZ$180 Million Placement Fully Subscribed Synlait Milk Limited ("Synlait") is pleased to announce that it has successfully completed the bookbuild for its approximately NZ$180 million underwritten placement, announced on 10 November 2020 ("Placement"). 1 and 6. ASX: SM1 . Our corporate governance framework takes into consideration best practice for publicly listed companies in Stock analysis for Synlait Milk Ltd (SML:NZX) including stock price, stock chart, company news, key statistics, fundamentals and company profile. Synlait today announced its financial result for the 12 months ended 31 July 2019. Synlait – SML010 Bond Maturity . NZX Main Board (NZSX) NZX Debt Market (NZDX) SGX-NZX Dairy Derivatives NZX Equity Derivatives (NZCX) Fonterra Shareholders Market (FSM) S&P/NZX Indices. o NPAT down 138% to ($28. Aug 9, 2024 · NZX Main Board (NZSX) NZX Debt Market (NZDX) SGX-NZX Dairy Derivatives; NZX Equity Derivatives (NZCX) Fonterra Shareholders Market (FSM) S&P/NZX Indices; Regulation. The maturing bonds are approximately the $11. com or contact: Media Linda Chalmers, Senior Communications Advisor - External P: +64 21 951 347 E: linda. 5 million. NZX Results Template Financial highlights: o NPAT up 338% to $27. The impairment Below you will find documents we have released which relate to our company. o EBITDA down 78% to $37. Tao replaces Liu Ruibing (Ryan), who resigned as CFO of Bright Dairy Holding Limited (Bright Dairy) for personal reasons, and subsequently stood down as a Bright Synlait Milk Limited (Synlait) has announced its financial results for the 12 months ended 31 July 2023. Synlait FY21 Media Release 4. ASX) today announced an equity raising ("Equity Raising") via an NZX Main Board (NZSX) NZX Debt Market (NZDX) SGX-NZX Dairy Derivatives; NZX Equity Derivatives (NZCX) Fonterra Shareholders Market (FSM) S&P/NZX Indices; Regulation. Synlait and Bright would like to take this opportunity to thank Ruth for her significant contribution and commitment to the company over the past 20 years. 50 seven days ago. Markets. lynch@synlait. Progressing with the Dairyworks sale. Synlait Synlait Milk Limited (Synlait) has increased its forecast base milk price for the 2023 / 2024 season to $7. Market announcements by Synlait are available at www. Synlait H1 22 Investor Presentation 5. Synlait CEO John Penno commented: "Synlait has been through a lot of change over the last 12 months. NZ RegCo; NZX Rules & Guidance; NZ Markets Disciplinary Tribunal; Synlait has 54 farmer suppliers in the Waikato and the company will meet all of its contractual obligations Synlait Milk Limited (Synlait) and The a2 Milk Company have conditionally agreed to resolve all disputes subject to arbitration, including those regarding exclusivity, pricing, and other issues. Adjusted EBITDA was $36. For more information about Synlait visit www. NZ RegCo; NZX Rules & Guidance NZX Main Board (NZSX) NZX Debt Market (NZDX) SGX-NZX Dairy Derivatives; NZX Equity Derivatives (NZCX) Fonterra Shareholders Market (FSM) S&P/NZX Indices; Regulation. Stephanie has held several senior leadership roles in the public and private sectors in New Zealand and abroad across manufacturing, health, financial services, and legal industries. 2. While global demand remains subdued, global milk production has tightened, increasing dairy commodity Synlait Milk Limited (Synlait) has increased its forecast base milk price for the 2024/2025 season. Synlait has been a certified B Corp(TM) since June 2020, and is the only New Zealand dairy company to have this accreditation. 0 million FY22 guidance statement: Synlait still expects NOT FOR DISTRIBUTION OR RELEASE IN THE UNITED STATES 10 November 2020 Synlait Milk announces $200 million equity raising to complete the investment phase of its strategy and strengthen its balance sheet Synlait Milk Limited ("Synlait" or the "Company") (SML. Synlait will provide an update when it releases its HY24 result in March. Aug 4, 2024 · NZX Main Board (NZSX) NZX Debt Market (NZDX) SGX-NZX Dairy Derivatives; NZX Equity Derivatives (NZCX) Fonterra Shareholders Market (FSM) S&P/NZX Indices Synlait is now commencing its search for a permanent CFO. An ordinary resolution is a resolution that is approved by a simple majority of the votes of those shareholders entitled to vote and voting on Synlait Milk Limited (Synlait) is withdrawing its full year 2024 (FY24) guidance. Synlait has 54 farmer suppliers in the Waikato and the company will meet all of its contractual obligations to them, including incentive payments. From 1 May 2021, John Penno (Synlait Co-Founder, Former CEO, and current Director), will assume the role of Interim CEO until a permanent replacement is appointed. under the NZX Listing Rules which require it to notify certain material information to NZX. Synlait Full Year 2022 Annual Synlait Milk Limited’s Annual Meeting will be on Wednesday 4 December at 1. Synlait plans to request a suspension of trading of the bonds for the 10 working day period during which holders can exercise their early redemption right. Synlait remains committed to delivering a competitive milk Importance of the resolution to Synlait’s future. Synlait Milk Limited (Synlait) advises that all resolutions put to shareholders at its Annual Meeting today were passed. 5) million. NZX Main Board (NZSX) NZX Debt Market (NZDX) SGX-NZX Dairy Derivatives; NZX Equity Derivatives (NZCX) Fonterra Shareholders Market (FSM) S&P/NZX Indices Aug 19, 2024 · Synlait announces recapitalisation, Special Shareholders’ Meeting and FY24 results date Synlait Milk Limited (Synlait) advises that it has agreed terms of a recapitalisation, including aggregate new equity of $217. 71%. Following the lapsing of those Performance Share Rights, there are 219,061 Performance Share Rights remaining on issue by Synlait. ” Synlait, Synlait Milk Finance Limited, A2 Infant Nutrition Limited and The a2 Milk Company Limited becoming effective, in each case contemporaneously Synlait Milk Limited (Synlait) has agreed terms to refinance its maturing syndicated banking facilities, with final documentation to be completed in coming weeks. NZX Results Template Key financial metrics: o Revenue up 3% to $793. Please see table in attached announcement. Synlait joined the NZX main board (equity market) in July 2013 and has a market capitalisation of $1. 0200 / -4. For Synlait Milk Limited, together with its subsidiaries, manufactures, markets, sells, and exports dairy products under the Dairyworks, Rolling Meadow, and Alpine brands in China, rest of Asia, the Middle East, Africa, New Zealand, Australia, and internationally. Synlait announces recapitalisation, Special Shareholders’ Meeting and FY24 results date Jan 4, 2024 · Synlait publishes HY24 result: North Island strategic review commenced; and Bright Dairy and banking syndicate support in place. This constitutes a share price movement of 16% when compared to its closing share price of $0. Synlait Milk Limited (Synlait) has advised NZX that its subordinated bonds (SML010) will mature on Tuesday 17 December 2024. Despite the forecast increase, Synlait continues to take a conservative approach to its 2024/2025 forecast, given the exposure to volatile future global dairy NOT FOR DISTRIBUTION OR RELEASE IN THE UNITED STATES 10 November 2020 Synlait Milk announces $200 million equity raising to complete the investment phase of its strategy and strengthen its balance sheet Synlait Milk Limited ("Synlait" or the "Company") (SML. 58 per kgMS for the 2018/2019 season, achieved off a revenue that exceeded $1 billion for the first time, is a very pleasing result to be able to Synlait Milk Limited (Synlait) advises that NZ RegCo and the Takeovers Panel have confirmed that no further action is being taken in relation to the complaint received regarding the special shareholders’ meeting. com Investors Hannah Lynch Corporate Affairs Manager P: +64 21 Synlait Milk Limited · 1028 Heslerton Road, RD13 Rakaia, Canterbury, New Zealand · +643 373 3000 · www. Find the latest Synlait Milk Limited (SML. Synlait remains in discussions with potential purchasers, but a sale cannot at this time be assured. ASX) today announced an equity raising ("Equity Raising") via an Synlait and The a2 Milk Company have agreed that this arbitration will also include the below issues: Working to significantly reduce debt levels which remain elevated, including the NZX listed bonds. Synlait listed on the NZX in July 2013. NZX Main Board (NZSX) NZX Debt Market (NZDX) SGX-NZX Dairy Derivatives; NZX Equity Derivatives (NZCX) S&P/NZX Indices; Regulation. Grant Watson took up the role in January 2022 and has overseen the company through an unprecedented era in its history. Stephanie is currently the General Manager of People & Culture at Alliance. o NZX Main Board (NZSX) NZX Debt Market (NZDX) SGX-NZX Dairy Derivatives; NZX Equity Derivatives (NZCX) Fonterra Shareholders Market (FSM) S&P/NZX Indices; Regulation. The increase follows ongoing strengthening in global commodities prices, since Synlait’s last milk price update on 25 November 2024. Synlait today joined the NZX debt market with its inaugural bond issuance. Synlait Full Year 2023 Media Release 4. The notice states that complaints have been made to NZ RegCo and the Takeovers Panel. Continued strengthening in global commodities prices, off the back of contractions in global supply, drive this forecast increase. The Board expects the new Independent Director will be suitable to be appointed as Chair. The NS designation was a condition of a NZX Listing Rule waiver Sep 10, 2024 · Synlait Milk Limited (Synlait) has increased its forecast base milk price for the 2024/2025 season. 3 million. NZX: SML . Our locations Synlait Milk Limited (Synlait) is providing several updates on its relationship with The a2 Milk Company and a broader company update, as set out below. Recruitment will be initiated shortly. The meeting is to vote on the resolution to approve the proposed entry into a $130 million shareholder loan to be made available to Synlait by Bright Dairy International Investment Limited, a related company of Bright Dairy Holding Limited, Synlait’s Synlait Milk Limited (Synlait) advises that the resolution put to shareholders at its Special Shareholders’ Meeting today passed. 00/kgMS from $8. Synlait listed $180 million of five-year unsecured subordinated fixed rate bonds on the NZX Debt Market in December 2019. The proceeds from the bonds will be used to repay a portion of Synlait’s existing bank debt and provide diversification of funding sources to support the company’s growth strategy. Synlait Milk Limited (Synlait) is withdrawing its full year 2024 (FY24) guidance. 00/kgMS. 3 million o Capital expenditure down 37% to $46. 50/kgMS from $7. (Synlait) will announce its full year results for the twelve months ending 31 July 2024 on Monday 30 September 2024. 26 November 2024 . Synlait Chair Graeme Milne commented: "The combination of an increase in profit to $82. Synlait Milk Limited (Synlait) will announce its full year results for the twelve months ending 31 July 2024 on Monday 30 September 2024. The previously announced guidance stated that Synlait’s earnings before interest, taxes, depreciation, and Synlait Milk Limited Ordinary Shares's current share price is $0. SML $0. 1 and Rule 7(d) of the Takeovers Code. 00am (New Zealand time). com . The notice of complaint asserts that under the NZX Listing Sep 29, 2024 · Synlait Milk Limited · 1028 Heslerton Road, RD13 Rakaia, Canterbury, New Zealand · +643 373 3000 · www. NZ RegCo; Synlait Milk Limited Ordinary Find the latest Synlait Milk Limited (SML. In connection with this: (a) NZ RegCo has issued a ruling in relation to the application of Listing Rules 5. Synlait Milk Limited (Synlait) is providing several updates to the market, as set out below. 00 per kgMS, up from $8. o Nutritionals sales down 35% to 34,362 MT. Despite the forecast increase, Synlait continues to take a conservative approach to its 2024/2025 forecast, given the exposure to volatile future Synlait Milk Limited (Synlait) has increased its forecast base milk price for the 2024/2025 season. 60 per kgMS. Synlait Milk Limited (Synlait) has appointed Stephanie Manning as Director of People & Culture. com NZX: SML ASX: SM1 21 October 2024 CEO resignation Synlait Milk Limited (Synlait) announces the resignation of its CEO. 4050-$0. The forecast has increased to $10. 00pm, in person at Synlait's Dunsandel facility, located at 1028 The a2 Milk Company Limited (a2MC, the Company) notes the announcement made today by Synlait Milk Limited (Synlait – NZX: SML; ASX: SM1) providing an update in relation to its proposed recapitalisation to reduce Synlait’s debt. NZX Results Template Key financials: During the year, Synlait recognised a total non-cash impairment charge of $114. 4 million o Revenue up 19% to $790. Synlait Full Year 2023 Shareholder Letter 5. 1 to the proposed issuance of shares Memorandum To: Market Participants From: NZX Product Operations Date: Wednesday, 18 September 2024 Subject: Synlait Milk Limited (NS) (“SML010”) – Conditional Early Call Timeline Message: NZX Operations (“NZXO”) advises that, further to the result of the Special Shareholders’ Meeting released by Synlait Milk Limited (NS) (“SML”) on Wednesday, Founded in 2000, Synlait is based in Dunsandel, Canterbury and employs more than 1,000 people. Relative Sep 17, 2024 · NZX Main Board (NZSX) NZX Debt Market (NZDX) SGX-NZX Dairy Derivatives; NZX Equity Derivatives (NZCX) Fonterra Shareholders Market (FSM) S&P/NZX Indices; Regulation. Exclusivity arbitration update As previously announced, Synlait is involved in a confidential binding arbitration process with The a2 Milk Company to determine the validity of The a2 Milk Company's notice of The Synlait Milk Limited (Synlait) Board advises that Simon Robertson has resigned as Chair and Independent Director of the company. NZX Results Template Key financial highlights: o Revenue up 5% to $1,367. The loan would be a related party transaction under the NZX Listing Rules, requiring approval of Synlait's shareholders (other than Bright) at a special meeting by way of an ordinary resolution. Authorised by: Tim Carter Acting CEO For more information contact: Hannah Lynch Head of Milk Supply, Strategy & Memorandum To: Market Participants From: NZX Product Operations Date: Thursday, 28 March 2024 Subject: Synlait Milk Limited ("SML") -- Trading Halt of Securities Message: NZ RegCo advises that, at the request of the issuer, it has placed a trading halt on Synlait Milk Limited (NS) ("SML") ordinary shares and "SML010" bonds at pre-market open today. As previously communicated, Synlait requested waivers for its leverage ratios and interest coverage ratio for Synlait Milk Limited · 1028 Heslerton Road, RD13 Rakaia, Canterbury, New Zealand · +643 373 3000 · www. To NZX Main Board (NZSX) NZX Debt Market (NZDX) SGX-NZX Dairy Derivatives; NZX Equity Derivatives (NZCX) Fonterra Shareholders Market (FSM) S&P/NZX Indices; Regulation. The key changes include: o Establishing a Chief Commercial Officer role, responsible for the Advanced Nutrition and Ingredient businesses. Andy was most recently CFO at Yili Oceania where he held several finance roles since 2020, and oversaw the integration of Westland Milk Synlait Milk Limited (Synlait) feels it prudent to update shareholders on its expected half year 2023 (HY23) performance. 8 million, with its two largest shareholders, and that it is in the final stages of a refinancing of its bank facilities. synlait. gppns taacsw qexi jorkl cwwtwh szwxy eyqayt vtahx krznefb dgeqlgmx