Myer denies disclosure obligation breach

Company News

by Rachael Jones

Trading in the securities of Myer (ASX:MYR) will be temporarily paused pending a further announcement.

The retailer also released a statement regarding an Australian Financial Review article commenting on the Company's financial performance delivery.

They say the Company is well aware of its continuous disclosure obligations and confirms it is in compliance with them.

The brief statement was in response to the article about the company deciding to not release their quarterly sales updates.

Shares in Myer (ASX:MYR) last traded at 45 cents

Rachael Jones

Finance News Network
Rachael comes to FNN after working for Fairfax Media covering international breaking news, including the global economy and politics. She joined FNN in February 2018. She has reported on Australia’s finance news for various organisations since 2000 and has also interviewed a number of key business players, including Bill Gates. Rachael has also worked across a number of countries, including the UK and the US.