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Paladin Energy Ltd. — Capital/Financing Update 2021
Mar 16, 2021
45616_rns_2021-03-16_ce8e0fde-a329-4571-849f-245b633b79c7.pdf
Capital/Financing Update
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Market Announcement
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17 March 2021
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Paladin Energy Ltd (ASX: PDN) – Trading Halt
Description
The securities of Paladin Energy Ltd (‘PDN’) will be placed in trading halt at PDN’s request, pending it releasing an announcement about the outcome of the institutional component of the accelerated entitlement offer. Unless ASX decides otherwise, the securities will remain in trading halt until the commencement of normal trading on Friday, 19 March 2021.
Issued by
Sandra Wutete
Senior Adviser, Listings Compliance (Perth)
Market Announcement 1/1 ASX Customer Service Centre 131 279 | asx.com.au
17 March 2021 ASX Limited
17 March 2021
Ms Elizabeth Harris
ASX Compliance Pty Limited Level 40 Central Park 152-158 St Georges Terrace PERTH WA 6000 By email : [email protected]
Dear Elizabeth
PALADIN ENERGY LTD (ASX CODE: PDN) - TRADING HALT REQUEST
Paladin Energy Ltd (ASX: PDN) ( Paladin or the Company ) requests that its securities be placed in trading halt from commencement of trading today, 17 March 2021.
For the purposes of ASX Listing Rule 17.1, Paladin provides the following information:
1. The trading halt is requested pending the release of an announcement by the Company regarding a proposed capital raising (comprising a fully underwritten institutional placement and a fully underwritten accelerated pro-rata non-renounceable entitlement offer), and to allow the institutional components of that capital raising to take place.
2. Paladin requests the trading halt remain in place until the earlier of Paladin making an announcement regarding the results of the institutional components of the capital raising and the commencement of normal trading on Friday, 19 March 2021.
3. Paladin is not aware of any reason why the trading halt should not be granted or of any other information necessary to inform the market or ASX about the trading halt.
This request has been authorised for release to ASX by the Board of Directors of Paladin Energy Ltd.
Yours sincerely,
Nathan Bartrop Company Secretary P aladin Energy Ltd