Australian Vintage (ASX: $AVG) Voluntary Suspension Extension Request

Australian Vintage Limited (ASX: $AVG) has requested an extension of the voluntary suspension of its securities in accordance with Listing Rule 17.2. The company aims to release an announcement to the ASX regarding the proposed capital raising, debt refinancing, and trading update. The announcement, scheduled for release before the commencement of trading on Tuesday, 11 June 2024, will include details of the proposed capital raising, comprising a placement and accelerated non-renounceable entitlement offer.

Executive Commentary on Voluntary Suspension Extension Request

The company has requested the extension of the suspension to ensure the orderly conduct of the proposed capital raising and trading update. This is in line with the company's commitment to providing the market with informed and timely information. The extension will allow Australian Vintage to conduct the placement and institutional component of the entitlement offer over the course of two trading days, with an announcement about the results to be made before the commencement of trading on Thursday, 13 June 2024.

Summary of Australian Vintage (ASX: $AVG) Voluntary Suspension Extension Request

Australian Vintage Limited (ASX: $AVG) has requested an extension of the voluntary suspension in compliance with Listing Rule 17.2. The company aims to release an announcement to the ASX regarding the proposed capital raising, debt refinancing, and trading update. The extension is sought to ensure the orderly conduct of the offer and to prevent trading in its securities on an uninformed basis. The company anticipates making an announcement about the results of the placement and institutional component of the entitlement offer before the commencement of trading on Thursday, 13 June 2024.