Request for trading halt
MEO Australia Limited (ASX: MEO) requests a trading halt of its shares for up to 2
days effective immediately pending the release of an announcement to the market in
relation to a potential capital raising.
For the purposes of ASX Listing Rule 17.1, MEO provides the following information:
(a) the trading halt is necessary as otherwise trading in MEO shares may take
place in an uninformed market;
(b) MEO requests that the trading halt remain in place until it is in a position to
make an announcement to the market in relation to a potential capital raising.
MEO anticipates that an announcement will be made prior to the
commencement of normal trading on 19th August 2016 and the trading halt
will cease at that time; and
(c) MEO is not aware of any reason why the trading halt should not be granted.
MEO Price at posting:
4.7¢ Sentiment: Buy Disclosure: Held