Australia's Wellnex Life rises on starting dual listing process on LSE

Wellnex Life

23/04/2024 01:56

** Shares of Wellnex Life  WNX.AX  surge as much as 10.5% to
A$0.021, set for their best day since April 4 - if gains hold 
    ** The consumer healthcare co says it has started a process
for a dual listing in the London Stock Exchange to expand in
European  and increase shareholder value 
    ** Says dual listing gives greater exposure to larger pool
of institutional investors 
    ** Stock has fallen ~17.4% this year as of last close

 (Reporting by Archishma Iyer)
 ((Archishma.Iyer@thomsonreuters.com;))