Paladin Energy Limited (ASX: $PDN) has requested a trading halt pending the release of an announcement related to a potential acquisition. The trading halt is effective immediately and will remain in place until the earlier of the announcement regarding the potential acquisition or the commencement of normal trading on Wednesday, 26 June 2024. Paladin has stated that it is not aware of any reason why the trading halt should not be granted or of any other information necessary to inform the market or ASX about the trading halt.
Paladin Energy Limited (ASX: $PDN) has requested the trading halt in anticipation of releasing an announcement regarding a potential acquisition. The company aims to provide the market and ASX with all necessary information once the trading halt is lifted. This decision has been authorized for release to the ASX by lan Purdy, Chief Executive Officer of Paladin Energy Limited.
Paladin Energy Limited (ASX: $PDN) has requested a trading halt as it prepares to disclose information about a potential acquisition. The company's proactive approach in ensuring that all relevant details are made available to the market and ASX demonstrates its commitment to transparency. Once the trading halt is lifted, investors and stakeholders can expect to receive comprehensive information about the potential acquisition, which may impact the company's future strategic direction and growth prospects.