Excite Technology Services Limited (ASX:EXT) has requested a trading halt in relation to the securities of the Company quoted on the Australian Securities Exchange (ASX) in accordance with ASX Listing Rule 17.1. The trading halt is requested pending an announcement by the Company to the market in respect of a proposed capital raising.
The trading halt is necessary to assist the Company in managing its continuous disclosure obligations as the Company expects to make an announcement to the market in relation to the stated Purpose above. The Company requests that the trading halt remain in place until the earlier of commencement of normal trading on Friday, 11 October 2024, or when the announcement regarding the stated Purpose is released to the market. The Company is not aware of any reason why the trading halt should not be granted or of any further information necessary to inform the market about the trading halt.
Excite Technology Services Limited (ASX:EXT) has requested a trading halt in anticipation of making an announcement to the market regarding a proposed capital raising. The trading halt is aimed at managing the company's continuous disclosure obligations. The company has provided the necessary information in accordance with ASX Listing Rule 17.1 and expects the trading halt to be lifted upon the release of the announcement or by the commencement of normal trading on Friday, 11 October 2024. The request indicates the company's proactive approach to ensuring compliance with disclosure requirements and preparing for the upcoming announcement.