Nexion Group trading halt request for material acquisition announcement

Nexion Group Ltd (ASX: $NNG) has requested a trading halt on Tuesday, 23 April 2024, pending the release of an announcement regarding a material acquisition. The trading halt is intended to conclude by the commencement of trading on Friday, 26 April 2024, or earlier. The request has been made by the Company Secretary, Jack Toby.

Executive Commentary on Trading Halt Request

We have requested the trading halt in anticipation of a significant announcement related to a material acquisition. The halt is aimed at ensuring a fair and orderly market for the pending news. We are committed to promptly releasing the announcement to provide transparency to our shareholders and the market.

Summary of Nexion Group's Trading Halt Request

Nexion Group Ltd (ASX: $NNG) has requested a trading halt in preparation for a material acquisition announcement. The company aims to end the trading halt by the commencement of trading on Friday, 26 April 2024, or earlier. The request, made by the Company Secretary, Jack Toby, reflects the company's commitment to transparency and ensuring a fair and orderly market for the impending news. Shareholders and the market can expect the announcement to be released promptly upon the conclusion of the trading halt.