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Australian investor with interests in Zimbabwe – Invictus Energy has requested a trading halt of its securities pending an announcement concerning a strategic investment and capital raising.
Invictus, which is listed on the Australian Stock Exchange in a notice said the request is also meant to assist in managing its disclosure obligations and to maintain an orderly market in relation to the strategic investment and capital raising.
Reads part of the notice “Invictus Energy Ltd requests that a trading halt be granted by the ASX with respect to the Company’s quoted securities on the ASX. The Company provides the following information in relation to the request in accordance with ASX Listing Rule 17.1
“The trading halt is requested pending an announcement concerning a strategic investment and capital raising by the Company. The Company requests that the trading halt remain in place until the earlier of the commencement of trading on 29 July 2024 or the release of an announcement by the Company regarding the strategic investment and capital raising.”
It added that it is seeking the trading halt to assist in managing its disclosure obligations and to maintain an orderly market in relation to the strategic investment and capital raising.
“The Company confirms that it is not aware of any reason why the trading halt should not be granted or any other information necessary to inform the market about the trading halt.”
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