Babylon Pump & Power Ltd Requests Trading Halt
Key points
- Pending announcement regarding acquisition and capital raising
- Trading halt to remain in place until earlier of announcement or market open on 16 May 2025
- Company not aware of any reason why trading halt should not be granted
Full summary
Babylon Pump & Power Ltd (ASX: BPP) has requested a trading halt for its securities, pending the release of an announcement regarding an acquisition and a capital raising. The trading halt will remain in place until the earlier of the time the company makes an announcement to the market in relation to the planned capital raising and the commencement of trading on Friday, 16 May 2025. The company is not aware of any reason why the request for the trading halt should not be granted or any other information necessary to inform the market regarding the trading halt. This request has been authorised by the board of Directors of the company.
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