Good Drinks Australia (ASX:GDA) has announced a trading halt on its securities. This halt is in place as the company applies for delisting from the ASX. The halt will continue until GDA releases an announcement about the delisting or normal trading resumes on 29 October 2024.
Good Drinks Australia (ASX:GDA) has requested a trading halt to facilitate its application for delisting from the ASX. The halt will remain until the company makes a related announcement or until trading resumes on 29 October 2024. GDA has indicated there are no known reasons against the halt. The announcement includes contact details for inquiries and lists brands under GDA such as Gage Roads, Matso's, and Coors Miller. Stakeholders are advised to await further information to understand the implications of the delisting on their investments. The move may affect the liquidity and market presence of GDA's securities, though specifics were not provided in the announcement.
The company is not aware of any reasons or additional information that would prevent the trading halt from being granted.