Details of trading halt request by Lepidico Ltd

Lepidico Ltd (ASX: $LPD) has requested a trading halt for its securities pending the release of an announcement related to a proposed capital raising. The trading halt is expected to be lifted on the earlier of the opening of trading on Friday, 5 April 2024, or when the anticipated announcement is released to the market. The request was made by the Directors of Lepidico Ltd, and the Company is not aware of any reason why the trading halt should not be granted.

Executive commentary on trading halt request

The Directors of Lepidico Ltd have requested a trading halt to facilitate the release of an upcoming announcement regarding a proposed capital raising. This decision aligns with the Company's commitment to transparent and timely communication with the market. We believe that this trading halt will provide an opportunity for investors and stakeholders to receive the announcement and make informed decisions once the trading halt is lifted.

Summary of Lepidico Ltd's trading halt request

Lepidico Ltd (ASX: $LPD) has requested a trading halt in anticipation of releasing an announcement related to a proposed capital raising. The Company aims to resume trading on Friday, 5 April 2024, or upon the release of the anticipated announcement. This request reflects the Company's dedication to ensuring that the market is informed in a timely manner about significant developments. The trading halt is a proactive step to provide investors and stakeholders with the opportunity to consider the forthcoming announcement before trading resumes. Lepidico Ltd remains committed to maintaining transparency and open communication with the market.