Live Verdure Ltd (ASX:LV1) voluntary suspension request details

Live Verdure Ltd (ASX:LV1) has requested a voluntary suspension of its securities from trading, effective from Friday, 4 October 2024. The suspension is pending the release of an announcement related to a proposed capital raising, which is expected to be made on Monday, 7 October 2024. The company has stated that it is not aware of any reason why its securities should not be suspended and has confirmed that there is no other information necessary to inform the market about the suspension.

Executive Commentary on Voluntary Suspension Request

The company, Live Verdure Ltd, has taken the decision to request a voluntary suspension of its securities from trading in anticipation of an upcoming announcement regarding a proposed capital raising. This strategic move aligns with the company's commitment to transparent and timely communication with its stakeholders. The Board of the Company has authorized this request and announcement, demonstrating their proactive approach to keeping the market informed.

Summary of Live Verdure Ltd's Voluntary Suspension Request

Live Verdure Ltd (ASX:LV1) has proactively requested a voluntary suspension of its securities from trading, citing the pending announcement of a proposed capital raising as the reason. The company aims to release this announcement on Monday, 7 October 2024. This decision reflects Live Verdure's dedication to maintaining open and clear communication with the market. The company's commitment to promptly informing its stakeholders about significant developments underscores its focus on transparency and accountability.