Overview of Way 2 Vat's trading halt request

Way 2 Vat Limited (ASX: $W2V) has requested a trading halt in accordance with ASX Listing Rule 17.1, pending an announcement related to a proposed capital raising. The trading halt will be in effect until the commencement of normal trading on Wednesday, 28 February 2024, or until the release of the announcement regarding the capital raising.

Executive commentary on the trading halt request

The Company Secretary, Emily Austin, has formally requested the trading halt in anticipation of an upcoming announcement concerning a proposed capital raising. The trading halt is a standard procedure to ensure that all investors have equal access to information and to prevent any potential market speculation or unfair advantage.

Summary of Way 2 Vat's trading halt and future plans

Way 2 Vat Limited (ASX: $W2V) has requested a trading halt in preparation for an imminent announcement regarding a proposed capital raising. The company aims to ensure fair and equal access to information for all investors. The trading halt is expected to be lifted upon the release of the announcement, which may provide insights into Way 2 Vat's future plans and strategies for capital raising.