Finder Energy Holdings trading halt request details

Finder Energy Holdings Limited (ASX: $FDR) has requested a trading halt in accordance with ASX Listing Rule 17.1. The trading halt is intended to manage the company's continuous disclosure obligations pending announcements related to a material acquisition and a rights entitlement offer to shareholders. The halt is expected to remain in place until the commencement of normal trading on Friday, 9th August 2024, unless the company requests an earlier lift of the trading halt. The company has stated that the trading halt will end upon the release of the pending announcements and has confirmed its lack of awareness of any reason why the trading halt should not be granted.

Executive Commentary on Trading Halt Request

The company has taken the decision to request a trading halt in order to ensure compliance with its continuous disclosure obligations while it prepares to make significant announcements regarding a material acquisition and a rights entitlement offer to shareholders. This proactive approach reflects the company's commitment to transparent and timely communication with the market. The board has authorized this request, and the company secretary has confirmed the absence of any known reasons to withhold the trading halt. The company looks forward to providing further details to the market upon the conclusion of the trading halt.

Summary of Finder Energy Holdings' Trading Halt Request

Finder Energy Holdings Limited (ASX: $FDR) has requested a trading halt to facilitate the management of its continuous disclosure obligations ahead of significant announcements related to a material acquisition and a rights entitlement offer to shareholders. The company anticipates that the trading halt will be in place until the commencement of normal trading on Friday, 9th August 2024, unless an earlier lift is requested. The board has authorized the request, and the company secretary has affirmed the absence of any known reasons to withhold the trading halt. The company aims to promptly release the pending announcements following the conclusion of the trading halt, demonstrating its commitment to transparent and timely communication with the market.