Immediate Suspension of Austcorp Towers Trust Securities Pending Key Announcement.

Nov 14, 2024

Austcorp Towers Trust (ASX: AUU) has announced an immediate suspension of its securities from official quotation on the Australian Securities Exchange, in line with listing rule 17.2. This suspension was requested by the Trust itself and is intended to prevent trading while it prepares to release an important announcement. Listing rule 17.2 permits such suspensions to maintain orderly market conditions, especially when sensitive information is pending release.

The nature and specifics of the anticipated announcement have not been disclosed yet; however, this step indicates that significant updates may soon be communicated to stakeholders and investors. The Trust aims to uphold transparency and fair trading practices by ensuring that any upcoming information reaches all market participants simultaneously.

 

 

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