Trading halt
| Stock | Comms Group Ltd (CCG.ASX) |
|---|---|
| Release Time | 14 May 2025, 2:09 p.m. |
| Price Sensitive | Yes |
Comms Group Ltd requests trading halt
- Pending announcement of acquisition and capital raise
- Halt to assist with disclosure obligations
- Halt to remain until earlier of announcement or market open on 16 May 2025
Comms Group Ltd (ASX: CCG) has requested an immediate trading halt in its ordinary shares, pending an announcement by the company regarding an acquisition and a capital raise. The company is seeking the trading halt to assist with managing its disclosure obligations. The trading halt will remain in place until the earlier of the announcement being made to the market in relation to the acquisition and the capital raise, or the commencement of trading on Friday, 16 May 2025. The company anticipates that the trading halt will cease upon the announcement of the acquisition and the capital raise to the market. Comms Group Ltd is not aware of any reason why the trading halt should not be granted, nor any other information to inform the market about the trading halt.