Voluntary suspension & removal from official list

Key points

• Adacel Technologies Ltd requested voluntary suspension and delisting from ASX
• Suspension to enable orderly market until delisting on 8 January 2025
• Shareholders previously approved the delisting

Full summary

Adacel Technologies Ltd (ASX: ADA) has requested a voluntary suspension of its securities on the ASX, effective immediately, to enable the company's delisting from the official list. The suspension request is to ensure an orderly market in the company's securities until the delisting is approved and effective on approximately 8 January 2025. Adacel advised that the voluntary suspension is expected to last until the ASX approves the delisting, and the company is not aware of any reason why its securities should not be voluntarily suspended, nor of any other information necessary to inform the market about the voluntary suspension. The delisting was previously approved by Adacel's shareholders on 23 October 2024.