Trading Halt
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Stock | Generation Development Group Ltd (GDG.ASX) |
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Release Time | 7 Feb 2025, 8:57 a.m. |
Price Sensitive | Yes |
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Generation Development Group Ltd Requests Trading Halt
Key Points
- Requested to manage continuous disclosure obligations
- Relates to potential acquisition and associated capital raising
- Trading halt to continue until announcement or market open on 10 February 2025
Full Summary
Generation Development Group Ltd (ASX: GDG) has requested an immediate 1-day trading halt in respect of its shares. The trading halt is requested to enable the company to manage its continuous disclosure obligations in relation to a potential acquisition and associated capital raising. The trading halt is requested to continue until the earlier of the release of an announcement by GDG and the commencement of normal trading on 10 February 2025. GDG is not aware of any reason why the trading halt should not be granted and confirms there is no other information necessary to inform the market about the trading halt.