Adriatic Metals Plc Suspended from ASX Quotation
Key points
- Adriatic Metals Plc (ASX: ADT) suspended from quotation
- Suspension to facilitate proposed acquisition by Dundee Precious Metals Inc.
- Acquisition to be implemented via scheme of arrangement under UK Companies Act
Full summary
Adriatic Metals Plc (ASX: ADT) has been suspended from quotation on the Australian Securities Exchange (ASX) effective at the close of trading on Thursday, 28 August 2025. The suspension has been implemented under Listing Rule 17.2 to facilitate the proposed acquisition of all of ADT's issued share capital by Dundee Precious Metals Inc. The acquisition is to be implemented by means of a scheme of arrangement under Part 26 of the Companies Act 2006 (UK). No further details regarding the proposed transaction have been provided in the announcement.
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