Response to market speculation

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Stock Atturra Ltd (ATA.ASX)
Release Time 28 Jan 2025, 8:57 a.m.
Price Sensitive Yes
 Atturra responds to market speculation on Kitepipe acquisition
Key Points
  • Atturra confirms discussions with US-based Kitepipe, a Platinum Boomi Partner
  • Discussions are preliminary and incomplete, no guarantee transaction will proceed
  • Atturra will keep market informed as per continuous disclosure obligations
Full Summary

Atturra Limited (ASX: ATA) has responded to recent market speculation that the company may be considering an acquisition of Project Delivery Services LLC doing business as Kitepipe, a US-based Platinum Boomi Partner. Atturra has confirmed that it is in ongoing conversations with several companies, including Kitepipe, as part of its active M&A strategy. However, the discussions between Atturra and Kitepipe are still preliminary and incomplete, and there is no guarantee or assurance that the transaction can be agreed and will proceed on terms acceptable to Atturra. The company has stated that it will keep the market informed in accordance with its continuous disclosure obligations. Atturra also confirmed that it is in compliance with ASX Listing Rule 3.1 and is not aware of any other matter requiring disclosure.