Trading Halt

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Stock Xref Ltd (XF1.ASX)
Release Time 20 Mar 2025, 9:13 a.m.
Price Sensitive Yes
 Xref Ltd Requests Trading Halt
Key Points
  • Xref Ltd requests trading halt on ASX:XF1 shares
  • Pending announcement on material fundraising
  • Trading halt to remain in place until earlier of Monday, 24 March 2025 or announcement release
Full Summary

Xref Ltd, a company listed on the Australian Securities Exchange (ASX) under the ticker XF1, has requested a trading halt on its ordinary shares. The trading halt has been requested to allow the company to prepare and release an announcement related to a material fundraising. According to the announcement, the trading halt will remain in place until the earlier of the commencement of normal trading on Monday, 24 March 2025, or the release of the market announcement regarding the proposed capital raising. Xref Ltd has stated that it expects to make the announcement to the market before the start of normal trading on Monday, 24 March 2025. The company has confirmed 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 about the trading halt.