Allup Silica Limited (ASX: $APS) has requested a trading halt in its securities in relation to an announcement about the acquisition of an asset and a capital raising. The trading halt is expected to remain in place until the earlier of the company releasing the announcement or the commencement of trading on Monday, 5 August 2024.
The trading halt request by Allup Silica Limited is directly related to an upcoming announcement concerning the acquisition of an asset and a capital raising. The company aims to provide necessary information to the market in accordance with Listing Rule 17.1. The trading halt is anticipated to be lifted upon the release of the announcement or at the start of trading on Monday, 5 August 2024. Allup Silica Limited's Company Secretary, Ben Donovan, confirmed the absence of any known reasons to withhold the trading halt and assured that the company is not aware of any additional information required to inform the market.
Allup Silica Limited (ASX: $APS) has requested a trading halt as it prepares to make a significant announcement regarding the acquisition of an asset and a capital raising. The company's trading halt is in line with Listing Rule 17.1 and is expected to be in place until the announcement is released or the commencement of trading on Monday, 5 August 2024. The request, made by the Company Secretary, Ben Donovan, affirms the company's lack of knowledge of any reasons to deny the trading halt and its confidence in providing all necessary information to the market.