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8COMMON LIMITED — Capital/Financing Update 2021
Aug 1, 2021
64263_rns_2021-08-01_72c70f87-52eb-413c-afa7-65a891e69b85.pdf
Capital/Financing Update
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Market Announcement
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2 August 2021
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8Common Limited (ASX: 8CO) – Trading Halt
Description
The securities of 8Common Limited (‘8CO’) will be placed in trading halt at the request of 8CO, pending it releasing an announcement. Unless ASX decides otherwise, the securities will remain in trading halt until the earlier of the commencement of normal trading on Wednesday, 4 August 2021 or when the announcement is released to the market.
Issued by
Ramona Seeto
Adviser, Listings Compliance (Sydney)
Market Announcement 1/1 ASX Customer Service Centre 131 279 | asx.com.au
2 August 2021 ASX Limited
8common
2 August 2021
Ramona Seeto Adviser, Listings Compliance (Sydney) ASX Limited Level 5, 20 Bridge Street Sydney NSW 2000
By email: [email protected]
Dear Ramona
8Common Limited (ASX: 8CO) – Trading halt request
Pursuant to ASX Listing Rule 17.1, 8Common Limited ACN 168 232 577 ( Company ) requests a trading halt of the Company’s securities.
The trading halt is requested pending the release of an ASX announcement regarding a material capital raise.
The Company requests that the trading halt be effective immediately and remain in place until the earlier of the commencement of normal trading on Wednesday, 4 August 2021 or the release of an announcement by the Company in relation to a material capital raise.
The Company is not aware of any reason why the trading halt should not be granted.
For any questions, please contact the undersigned on +61 2 8072 1400.
Yours faithfully
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David Hwang Company Secretary
Further information
| Corporate Nic Lim [email protected] Executive Chairman |
Investors Craig Sainsbury [email protected] |
|---|---|
8common
About 8common Limited
8common (ASX:8CO) solutions deliver enterprise grade financial transaction processing for government entities and large enterprise businesses. Its flagship Expense8 platform is a leading pureplay provider of end to end travel expense management software, card application and management. The innovative software solutions improve organisation, productivity, incorporate company organisational policies and expense auditing to reduce fraud. Expense8 by 8common was named a Major Player in the IDC MarketScape: Worldwide SaaS and Cloud-Enabled Travel and Expense Management Applications 2019 Vendor Assessment.
Its new products being PayHero (procurement payment gateway) and CardHero (pre-paid card fund distribution) deliver closed loop solutions to support regulated, large network and high-volume requirements. 8common’s specialises in large enterprise and government segments.
Its growing client base of more than 163,000 platform users include enterprise customers Woolworths, Broadcast Australia, Amcor, and over 158 state and federal government entities. For more information, visit https://www.8common.com/