Activeport Group Ltd requests trading halt

Activeport Group Ltd (ASX: $ATV) has requested a trading halt on Wednesday 7 August 2024 pending an announcement regarding a proposed capital raising. The trading halt is intended to end by the commencement of trading on Friday 9 August 2024 or earlier.

Company's Request for Trading Halt

Activeport Group Ltd (ASX: $ATV) has requested a trading halt in anticipation of an announcement related to a proposed capital raising. The company aims to release the announcement to the ASX by the commencement of trading on Friday 9 August 2024 or earlier. The request, made by the Company Secretary, Jack Toby, is in line with the company's commitment to keeping the market informed about significant developments.

Summary of Trading Halt Request

Activeport Group Ltd (ASX: $ATV) has requested a trading halt as it prepares to make an announcement regarding a proposed capital raising. The company, known for offering self-service portals and on-demand services to telecommunications providers globally, is focused on accelerating 'time to revenue' and improving customer satisfaction. The trading halt is expected to conclude by the commencement of trading on Friday 9 August 2024 or earlier, indicating the company's intention to promptly update the market about its capital raising plans. Investors and stakeholders may anticipate further details upon the lifting of the trading halt, as Activeport Group Ltd continues to pursue its strategic initiatives and enhance its service delivery capabilities.