E&P Financial Group's trading halt request details

E&P Financial Group Limited (ASX: $EP1) has requested a trading halt for its ordinary shares in accordance with ASX Listing Rule 17.1. The halt is sought pending the release of an announcement to ASX regarding the Federal Court of Australia settlement approval hearing scheduled for today, 3 April 2024, in relation to the representative proceeding filed by Shine Lawyers against Dixon Advisory & Superannuation Services Pty Ltd (Administrators Appointed), EP1, Mr Alan Dixon, and Mr Christopher Brown. The company has requested the trading halt to continue until the earlier of the announcement release or the commencement of trading on Friday, 5 April 2024. E&P Financial Group states that it is not aware of any reason why the trading halt should not be granted and has no additional information at this stage to inform the market about the trading halt.

E&P Financial Group's Chief Financial Officer & Company Secretary's statement

E&P Financial Group Limited has requested a trading halt in light of the Federal Court of Australia settlement approval hearing related to the representative proceeding. The company aims to provide the market with the necessary information following the hearing and is committed to complying with ASX Listing Rule 17.1. The request reflects the company's dedication to transparency and adherence to regulatory requirements.

E&P Financial Group's trading halt and future outlook

E&P Financial Group Limited (ASX: $EP1) has requested a trading halt pending the announcement of the Federal Court of Australia settlement approval hearing related to the representative proceeding. The company's proactive approach in seeking the trading halt demonstrates its commitment to keeping the market informed about significant developments. Once the announcement is released, investors and stakeholders can expect clarity on the outcome of the hearing and its potential impact on the company. E&P Financial Group's decision to adhere to regulatory procedures underscores its focus on transparency and compliance, reflecting positively on its corporate governance practices.