Zeotech Limited (ASX:ZEO) has requested a trading halt from ASX in accordance with Listing Rule 17.1. The halt is sought to facilitate an orderly market in the company's securities pending an announcement regarding a capital raising. Zeotech anticipates that the trading halt will continue until the earlier of the commencement of normal trading on Monday, 14 October 2024, or when the announcement regarding the capital raising is made to the market. The company is not aware of any reason why the trading halt should not be granted and has stated that there is no other information necessary to inform the market about the trading halt.
Zeotech Limited has requested a trading halt from ASX in order to facilitate an orderly market in its securities pending an announcement regarding a capital raising. The company anticipates that the trading halt will remain in place until the announcement regarding the capital raising is made to the market. Zeotech has stated that it is not aware of any reason why the trading halt should not be granted and has confirmed that there is no other information necessary to inform the market about the trading halt.
Zeotech Limited (ASX:ZEO) has requested a trading halt from ASX to facilitate an orderly market in its securities pending an announcement regarding a capital raising. The company anticipates that the trading halt will continue until the announcement regarding the capital raising is made to the market. Zeotech has expressed confidence in the trading halt being granted and has assured that there is no other information necessary to inform the market about the trading halt. This trading halt reflects Zeotech's strategic move in preparing for a significant announcement related to a capital raising, demonstrating the company's proactive approach to managing its market activities and ensuring transparency in its communications with investors and stakeholders.