Wellard Ltd (Wellard, ASX:WLD) advises that it has received advice that exports of live cattle from Brazil have resumed after the Brazilian Government successfully applied to overturn an injunction which had temporarily suspended the trade in that country for two days.
“The Brazilian Government has demonstrated its support for the live export trade through its decision to successfully appeal the injunction,” said Wellard Executive Director – Operations, Fred Troncone.
Wellard reiterates its previous advice that it was not affected by the temporary suspension. It had no involvement in the injunction or court action, and its ships were not impacted by either.
For further information:
Executive Director Operations, Fred Troncone
Phone: + 61 8 9432 2800
FTI Consulting, Cameron Morse
Phone: + 61 8 9485 8888
Mobile: +61 (0) 433 886 871