Metcash reinstated to trading following equity raising announcement

Metcash Limited (ASX: $MTS) has announced the lifting of the suspension of trading in its securities, effective from today, Tuesday, 6 February 2024. This follows the release of an announcement by MTS regarding an equity raising.

Executive Commentary on Reinstatement and Equity Raising

We are pleased to announce the reinstatement of trading in Metcash Limited securities following the release of our announcement regarding an equity raising. This development marks a significant step for the company as we continue to pursue our strategic initiatives and growth plans. We appreciate the ongoing support of our shareholders and the investment community as we move forward with this important equity raising.

Summary of Metcash's Reinstatement and Equity Raising Announcement

Metcash Limited (ASX: $MTS) has reinstated trading in its securities after the release of an announcement regarding an equity raising. The company's decision to pursue an equity raising reflects its commitment to strengthening its financial position and supporting its strategic initiatives. The reinstatement of trading signifies a positive development for Metcash as it progresses with its growth plans and seeks to enhance shareholder value. Looking ahead, the company aims to leverage the proceeds from the equity raising to drive its corporate strategy and capitalize on future opportunities in the market.