Trading Halt

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Stock Adriatic Metals Plc (ADT.ASX)
Release Time 18 Feb 2025, 9:11 a.m.
Price Sensitive Yes
 Adriatic Metals Plc Requests Trading Halt
Key Points
  • Adriatic Metals Plc requests trading halt pending announcement on capital raising
  • Trading halt to remain in place until earlier of 20 February 2025 or release of capital raising announcement
  • Company seeking trading halt to manage disclosure obligations and maintain orderly market
Full Summary

Adriatic Metals Plc (ASX: ADT) has requested a trading halt on its CHESS Depositary Interests (CDIs) quoted on the ASX, effective from the commencement of trading on 18 February 2025. The company has stated that the trading halt is requested pending an announcement concerning a capital raising. The trading halt will remain in place until the earlier of the commencement of trading on 20 February 2025 or the release of an announcement by the company regarding the capital raising. Adriatic Metals has requested the trading halt to assist in managing its disclosure obligations and to maintain an orderly market in relation to the capital raising. The company has confirmed that it is not aware of any reason why the trading halt should not be granted or any other information necessary to inform the market about the trading halt.