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ING — Inghams News Story

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Australia's Inghams plunges as it looks to move poultry indoors amid influenza virus

BUZZ-Australia's Inghams plunges as it looks to move poultry indoors amid influenza virus

** Shares of Inghams ING.AX fall as much as 13.8% to A$1.810, their biggest intraday pct fall since February 20

** Co says it is seeking an order from the Australian Government’s Chief Veterinary Officer to move free range poultry in Western Australia indoors amid presence of the H5N1 avian influenza strain in two wild birds in Western Australia

** Co flags its chicken breeder farms and grower network are primarily located in north of Perth, about 690 – 770 kilometres from Esperance, where the virus was detected

** YTD, ING down 25.3%


(Reporting by Nichiket Sunil in Bengaluru)

((Nichiket.Sunil@thomsonreuters.com))

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