FYI...
Submitted by : Babcock & Brown Power
Received by ASX : 12:24 p.m. 13th May 2009
Released by ASX : 12:25 p.m. 13th May 2009
From section of announcement:
"The reason for the trading halt is that BBP is currently unable to make an immediate announcement- pending the finalisation of a number of matters that are likely to have a material impact on BBP,
- including a revised outlook for BBP’s business.
"
13 May 2009
Ms Marta Kielich
Adviser, Issuers (Sydney)
Australian Stock Exchange Limited
20 Bridge Street
Sydney NSW 2000
By email to: [email protected]
Dear Ms Kielich,
Babcock & Brown Power – Request for Trading Halt
Pursuant to Listing Rule 17.1, Babcock & Brown Power Limited and Babcock & Brown Power Services Limited as responsible entity for Babcock & Brown Power Trust (“BBP”)
request an immediate trading halt in respect of its stapled securities (ASX:BBP).
The reason for the trading halt is that BBP is currently unable to make an immediate announcement pending the finalisation of a number of matters that are likely to have a material impact on BBP, including a revised outlook for BBP’s business.
BBP requests that the trading halt remain in place until the opening of normal trading at 10.00am on Friday, 15 May 2009 or until an earlier announcement is made to the market.
BBP is not aware of any reason why the trading halt should not be granted or of any other information necessary to inform the market about the trading halt.
Yours sincerely,
Yours sincerely
John Remedios
Company Secretary
Babcock & Brown Power
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