Pointerra's trading halt request

Pointerra Limited (ASX: $3DP) has requested a trading halt from ASX in accordance with Listing Rule 17.1. The halt is sought to facilitate an orderly market in the company's securities pending an announcement regarding a material contract award. Pointerra anticipates that the trading halt will be in place until the earlier of the commencement of normal trading on Wednesday, 28 February 2024, or when the announcement regarding the material contract award is made to the market.

Company's trading halt rationale

The trading halt has been requested by Pointerra to ensure that there is no disruption to the market while the company prepares to release significant news about a material contract award. The company aims to maintain market stability and provide all investors with equal access to the forthcoming announcement. Pointerra is committed to complying with the Listing Rule 17.1 and keeping the market informed in a transparent and fair manner.

Summary of trading halt request

Pointerra Limited (ASX: $3DP) has requested a trading halt from ASX in order to facilitate an orderly market ahead of an upcoming announcement regarding a material contract award. The company anticipates that the trading halt will be in place until the earlier of the commencement of normal trading on Wednesday, 28 February 2024, or when the announcement regarding the material contract award is made to the market. Pointerra's decision to request the trading halt reflects its commitment to market stability and transparency, ensuring all investors have equal access to the forthcoming announcement.