Live Verdure's trading halt request for capital raising announcement

Live Verdure Ltd (ASX:LV1) has requested a trading halt from the ASX in accordance with Listing Rule 17.1. The halt is pending the release of an announcement regarding a proposed capital raising. The company anticipates that the trading halt will continue until the earlier of the commencement of normal trading on Friday, 4 October 2024, or the announcement's release. The capital raising is deemed material to the company, and no other information is deemed necessary to inform the market about the trading halt.

Executive commentary on trading halt request

The company has requested the trading halt to facilitate the orderly release of information to the market regarding the proposed capital raising. This is a standard procedure to ensure that all investors have equal and fair access to the information. The capital raising is an important step for the company, and we believe it will contribute to our strategic objectives and future growth.

Summary of Live Verdure's trading halt request

Live Verdure Ltd (ASX:LV1) has requested a trading halt from the ASX in anticipation of an announcement related to a proposed capital raising. The company expects the trading halt to persist until the announcement is released or normal trading resumes on Friday, 4 October 2024. The capital raising is considered significant for the company, and it reflects the company's strategic initiatives for future development and expansion. This trading halt ensures that all investors have an equal opportunity to access the forthcoming information.