Beam Communications Requests Trading Halt
Key points
- Beam Communications requests trading halt pending announcement on ZOLEO Inc. joint venture sale
- Trading halt to remain in place until announcement or market open on Sept 23
- Company seeking to manage disclosure obligations
Full summary
Beam Communications Holdings Ltd has requested a trading halt in its shares (ASX: BCC) pending an announcement by the company with respect to the status of the sale of its 50% interest in the ZOLEO Inc. joint venture to Roadpost Inc. The company is seeking the trading halt to assist in managing its disclosure obligations. The trading halt will remain in place until the earlier of the company making an announcement regarding the timing and process of the ZOLEO sale, or the commencement of trading on Tuesday, 23 September 2025. The company anticipates that the trading halt will cease upon the release of the announcement about the ZOLEO sale. Beam Communications is not aware of any other information that should be provided to the market about the trading halt.
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