Henry Morgan Limited (ASX: HML) refers to previous announcements of 8 June 2017 and 9 June 2017. As noted in those announcements, ASIC has issued an interim stop order in respect of the prospectus for bonus options lodged by Henry Morgan Limited on 2 June 2017, and Henry Morgan Limited is in the process of providing further information in response to a Statement of Concerns issued by ASIC with respect to that prospectus (the Statement of Concerns).
In order to ensure that the market is trading on a fully informed basis, Henry Morgan itself requested the ASX to suspend trading in its shares and its existing options, while it works through the issues raised in the Statement of Concerns. In addition, Henry Morgan is hoping to finalise certain transactions to announce to the market. It will make all relevant announcements when it recommences trading.
HML Price at posting:
$1.99 Sentiment: Buy Disclosure: Held