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Winton Land Limited (ASX:WTN)

ALERT: Price-sensitive ASX Announcement for WTN
Current share price for WTN : $0.865 -0.135 (-13.50%)+
Announcement
Release
31 Aug 2026 10:03AM
Price at Release
$1.000
Full Release
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Summary
On 31 August 2026, ASX announced that Winton Land Limited (ASX: WTN) was suspended from quotation immediately under Listing Rule 17.2 at the company’s request, following NZ RegCo’s suspension of Winton’s ordinary shares on NZX the same day. The suspension arose after Winton disclosed that three directors, including two independent directors, had resigned effective 31 August 2026, leaving the board with only one independent director and causing non-compliance with NZX governance requirements for board and audit committee composition, including NZX Listing Rule 2.13.2. Winton requested that the ASX suspension begin before trading commenced on 31 August 2026 and remain in place until the NZX suspension is lifted, which the company expects to occur once it appoints at least one additional independent director and reconstitutes its audit committee to satisfy the relevant NZX listing rules. NZ RegCo stated that the suspension was in the best interests of the market and would remain until further notice.
Key Points
  • ASX suspended Winton Land Limited (WTN) from quotation on 31 August 2026 under Listing Rule 17.2 at the company’s request.
  • The ASX suspension followed NZ RegCo’s suspension of Winton’s ordinary shares on NZX on the same date.
  • The trigger for the suspension was the resignation of three directors, including two independent directors, effective 31 August 2026.
  • After the resignations, Winton’s board had only one independent director.
  • Winton no longer met NZX governance requirements for board and audit committee composition, including NZX Listing Rule 2.13.2.
  • Winton requested the ASX suspension remain until the NZX suspension is lifted.
  • NZ RegCo said the suspension was in the best interests of the market.
  • Winton expects the suspension to end after appointing at least one further independent director and revising its audit committee composition.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.