Openn Negotiation trading halt request details

Openn Negotiation Limited (ASX: $OPN) has requested a trading halt from the Australian Securities Exchange. The halt is sought pending an announcement related to a material acquisition and capital raising. The company anticipates the trading halt to end on the earlier of the commencement of normal trading on Friday, 3 May 2024, or when the announcement is released to the market. Openn Negotiation Limited is not aware of any reason why the trading halt should not be granted and has stated that there is no other information necessary to inform the market about the trading halt.

Director's Request for Trading Halt

Openn Negotiation Limited has formally requested a trading halt from the Australian Securities Exchange. The halt is being sought in anticipation of an upcoming announcement regarding a material acquisition and capital raising. The company aims to ensure that the market is informed in a timely and orderly manner about these significant business developments. Openn Negotiation Limited is committed to complying with the Listing Rule 17.1 and providing transparency to its investors and the market as a whole.

Trading Halt Request Summary

Openn Negotiation Limited (ASX: $OPN) has requested a trading halt from the Australian Securities Exchange in preparation for an announcement concerning a material acquisition and capital raising. The company has expressed its intention for the trading halt to conclude on the earlier of the commencement of normal trading on Friday, 3 May 2024, or when the announcement is released to the market. This proactive approach demonstrates Openn Negotiation Limited's commitment to ensuring that the market is appropriately informed about significant business developments. The company's dedication to transparency and compliance with regulatory requirements is evident in its formal request for the trading halt.