Variation from key operating milestones

Oceania Natural (ONL) is an early-stage New Zealand company involved in producing and distributing natural food and diet supplements sourced from New Zealand and the Pacific Islands, and sold both domestically and in the People’s Republic of China. The company has announced that the board has approved a “one off” sale of manuka honey to a distributor at a reduced margin. As a result, operational performance is likely to vary by more than 10% from the targeted key operating milestones (KOMs) for the year to March 2017.