Vulcan Steel Ltd Requests Trading Halt
Key points
- Vulcan Steel Ltd requests trading halt pending announcement on institutional component of equity capital raising
- Trading halt to commence immediately and remain in place until Thursday, 28 August 2025
- Halt requested to allow orderly completion of institutional capital raising
Full summary
Vulcan Steel Ltd has requested an immediate trading halt on its shares (ASX: VSL, NZX: VSL) pending an announcement by the company in relation to a proposed equity capital raising to support an acquisition. The trading halt has been requested to allow the company to execute the institutional component of the capital raising in an orderly manner. The trading halt is expected to remain in place until the commencement of trading on Thursday, 28 August 2025. Vulcan Steel Ltd has confirmed that it is not aware of any reason why the trading halt should not be granted.
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