New Zealand's Trade Window falls on discounted placement

About this update from Trade Window Holdings Ltd.

** Shares of Trade Window NZX:TWL down as much as 10% at NZ$0.315, hitting their lowest level since November 14** Software co receives firm commitments for A$5 million ($3.23 million) in a placement, advancing its ASX listing** Issue price of A$0.22, or NZ$0.25, per share represents a discount of 28.6% to co's close on Thursday** Funds raised to facilitate co's foreign exempt listing on the ASX, others** YTD, stock up 53.7%, including the day's moves($1 = 1.5470 Australian dollars)

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