date:Jun 17, 2014
Fonterra Co-operative Group Limited has reached a settlement with NZX in relation to the continuous disclosure of information during the precautionary whey protein concentrate (WPC80) recall in August 2013.
Group Director Governance and Legal Mike Cronin said Fonterra had co-operated fully with the NZX and the NZ Markets Disciplinary Tribunal throughout the investigation.
As part of a full and final settlement, we have acknowledged the Tribunal's views and agreed to make a payment of $150,000.