Nanoveu Limited (ASX:NVU) has requested a trading halt for its securities listed on the ASX from the commencement of trading on Friday, 11 October 2024. The halt is sought to allow the company to make an announcement regarding a material acquisition. The trading halt is expected to continue until the earlier of the announcement regarding the matter or the commencement of trading on Tuesday, 15 October 2024. The company is not aware of any reason why the trading halt should not be granted and has no other information necessary to inform the market about the trading halt.
The trading halt has been requested to facilitate the release of an announcement concerning a significant acquisition by Nanoveu Limited. The company aims to provide the market with comprehensive information about this material acquisition. The request aligns with ASX Listing Rule 17.1, and the company is committed to ensuring transparency and compliance with regulatory requirements. The board of directors has authorized this request, demonstrating the company's dedication to responsible and timely disclosure of material information.
Nanoveu Limited (ASX:NVU) has taken the proactive step of requesting a trading halt to prepare for the announcement of a material acquisition. This decision reflects the company's commitment to transparent and timely communication with the market. The upcoming announcement regarding the significant acquisition underscores Nanoveu's strategic initiatives and potential expansion. The company's adherence to ASX Listing Rule 17.1 and the board of directors' authorization of the trading halt request further emphasize Nanoveu's dedication to fulfilling its disclosure obligations. The market awaits the forthcoming announcement, which is anticipated to provide valuable insights into Nanoveu's corporate strategy and growth prospects.