The NZX says the Coalition for Fair Internet Pricing misrepresented the contents of a letter it sent to the lobby group on Chorus' compliance with its listing rules.
The NZX had said in a letter to the lobby group on Wednesday that it saw no reason to challenge Chorus' view that the company remained in compliance with its continuous disclosure obligations.
The Coalition for Fair Internet Pricing yesterday claimed the letter confirmed Chorus was at "no risk of insolvency" under any of the copper pricing scenarios put forward by the Commerce Commission in a draft report last year.
That would have contradicted comments made by Prime Minister John Key to the media last month, in which he said Chorus "could go broke".
But the NZX said nothing in regard to Chorus' financial situation could be read into its correspondence with the lobby group.
"The NZX does not comment on individual issuers or their financial positions," it said.
- © Fairfax NZ News