ABx Group (ASX:ABX) has requested a voluntary suspension of its securities from the ASX. The suspension is pending an announcement about a capital raising. This action aims to manage the company's continuous disclosure obligations.
ABx Group has announced a voluntary suspension of trading to manage its disclosure obligations related to an upcoming capital raising announcement. The suspension is set to remain until either normal trading resumes on 20 December 2024 or the announcement is made. This strategic move aligns with ASX Listing Rule 17.2, ensuring that the company adheres to regulatory standards. ABx Group aims to make the required announcement before trading resumes, maintaining transparency and investor trust. The company encourages investors to stay informed through their Investor Hub.
The request for suspension is in accordance with ASX Listing Rule 17.2, which allows companies to request a suspension to manage disclosure obligations properly.