Xero Requests Trading Halt for Corporate Transaction
Key points
- Xero requests trading halt pending announcement on corporate transaction and equity raising
- Trading halt to remain until earlier of further announcement or market open on June 26
- Xero not aware of any reason why trading halt should not be granted
Full summary
Xero Ltd has requested an immediate trading halt in its securities (ASX: XRO) pending an announcement in relation to a corporate transaction and an associated equity raising. The trading halt will remain in place until the earlier of a further announcement to the market by Xero in relation to the completion of the institutional component of the equity raising or the commencement of trading on Thursday, 26 June 2025. Xero 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.
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