Orica Limited (ASX: $ORI) has requested a trading halt in accordance with ASX Listing Rule 17.1, pending an announcement related to a corporate transaction and an associated equity raising. The halt is expected to remain in place until the completion of the institutional component of the equity raising or the commencement of trading on Thursday, 22 February 2024.
The Company requests the trading halt to facilitate the announcement of a corporate transaction and an associated equity raising. Orica aims to provide the market with necessary information regarding these developments. The halt is anticipated to be lifted upon the completion of the institutional component of the equity raising or at the commencement of trading on Thursday, 22 February 2024.
Orica Limited (ASX: $ORI) has requested a trading halt to prepare for an upcoming announcement regarding a corporate transaction and an associated equity raising. The halt is expected to be lifted upon the completion of the institutional component of the equity raising or at the commencement of trading on Thursday, 22 February 2024. This move reflects Orica's commitment to ensuring the market is informed about significant developments within the company.