DXN Limited (ASX:DXN) has requested a trading halt for its securities in accordance with ASX Listing Rule 17.1. The halt is pending an announcement to the market regarding the completion of a proposed capital raise. The company expects to make the announcement before the commencement of normal trading on Monday, 14 October 2024.
The trading halt has been requested to assist the company in managing its continuous disclosure obligations. The board of DXN Limited has approved this request, and the company secretary, Shelby Coleman, has confirmed the company's expectation to make the announcement regarding the proposed capital raise before the commencement of normal trading on Monday, 14 October 2024.
DXN Limited (ASX:DXN) has requested a trading halt in anticipation of an announcement related to the completion of a proposed capital raise. The company aims to manage its continuous disclosure obligations and expects to release the announcement before the commencement of normal trading on Monday, 14 October 2024. This trading halt aligns with the company's strategy to ensure transparent and timely communication with the market regarding significant developments.