Details of Viva Leisure's trading halt request

Viva Leisure Limited (ASX: $VVA) has requested a trading halt for its securities on the Australian Securities Exchange (ASX) in accordance with ASX Listing Rule 17.1. The halt is pending an announcement by the company regarding a proposed capital raising and acquisition. The trading halt is expected to remain in place until the earlier of the commencement of normal trading on Tuesday, 11 June 2024, or when the announcement regarding the result of the proposed capital raising is released to the market.

Executive commentary on the trading halt request

The company secretary, Kym Gallagher, stated, 'The trading halt is necessary to assist the Company in managing its continuous disclosure obligations as the Company expects to make an announcement to the market in relation to the Stated Purpose above.'

Summary of Viva Leisure's trading halt request

Viva Leisure Limited (ASX: $VVA) has requested a trading halt in anticipation of an upcoming announcement related to a proposed capital raising and acquisition. The company aims to manage its continuous disclosure obligations and expects to make the announcement before the commencement of normal trading on Tuesday, 11 June 2024. The trading halt is a proactive step to ensure compliance and transparency in the market, providing an opportunity for investors to stay informed about the company's strategic developments.