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Locate Technologies Limited ( (NZ:LOC) ) has issued an update.
Trading in Locate Technologies Limited shares has been halted by NZ RegCo after the company announced that its Locate2u business has signed a three-year agreement with FedEx Australia. The halt, imposed to allow regulators to discuss the implications of the FedEx Australia deal with the company, will remain in place until either a further announcement from Locate Technologies or the market open on Friday, 8 May 2026, highlighting the potential materiality of the new partnership for investors and market disclosure requirements.
More about Locate Technologies Limited
Locate Technologies Limited is a New Zealand-listed company involved in technology solutions under the Locate2u brand, with a focus on logistics and delivery services. Its market activity suggests an emphasis on providing technology platforms or services that support transport and parcel operations, including partnerships with major logistics providers.
Average Trading Volume: 17,246
Technical Sentiment Signal: Strong Sell
Current Market Cap: N$15.36M
Find detailed analytics on LOC stock on TipRanks’ Stock Analysis page.