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VECTION TECHNOLOGIES LTD — Capital/Financing Update 2020
Feb 19, 2020
66017_rns_2020-02-19_04b2ff20-c50e-4ffa-9c50-48131c47e4f2.pdf
Capital/Financing Update
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Market Announcement
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20 February 2020
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Vection Technologies Limited (ASX: VR1) – Trading Halt
Description
The securities of Vection Technologies Limited (‘VR1’) will be placed in trading halt at the request of VR1, 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 Monday, 24 February 2020 or when the announcement is released to the market.
Issued by
Anjuli Sinniah
Senior Adviser, Listings Compliance (Perth)
Market Announcement 1/1 ASX Customer Service Centre 131 279 | asx.com.au
20 February 2020 ASX Limited
20 February 2020 | Australia
ASX RELEASE
ASX Compliance Pty Ltd Level 40, Central Park 152-158 St George's Terrace PERTH WA 6000
Dear Sir or Madam:
REQUEST FOR TRADING HALT
In accordance with ASX Listing Rule 17.1, Vection Technologies Limited (ASX: VR1, “the Company”) requests a trading halt with respect to its securities effective prior to the opening of the market on Thursday, 20 February 2020.
The trading halt is requested pending an announcement by the Company in relation to a proposed material acquisition transaction. The Company requests that the trading halt remain in place until the earlier of it making an announcement regarding the material acquisition transaction or the commencement of trading on Monday, 24 February 2020.
The Company is not aware of any reason as to why the trading halt should not be granted.
By the order of the Board.
About Vection (ASX:VR1):
Vection is a multinational software company that makes 3D, Virtual Reality (VR) & Augmented Reality (AR) software services for the engineering, manufacturing, architecture, construction, education and healthcare industries. Vection operates on an Enterprise business model based on bespoke fees and on a Software as a Service (SaaS) business model based on recurring subscription revenue. www.vection.com.au
Vection Technologies Ltd (ASX:VR1) ACN: 614 814 041
Asia Pacific Europe Media Enquiries Address: Suite 1, 437 Roberts Road Address: Via Isonzo 61 [email protected] Subiaco WA 6008, Australia 40033 Casalecchio di Reno (BO), Italy [email protected] Phone: +618 6380 2555