Adacel Technologies Limited (ASX: ADA) Announces Voluntary Delisting
Adacel Technologies Limited (ASX: ADA) has announced that its securities will be suspended from quotation immediately, following a request for voluntary suspension. This action is to facilitate the company’s delisting from the ASX, scheduled for completion on 8 January 2025.
Delisting Details
The suspension enables an orderly market for ADA’s securities and is in line with the timetable released on 23 October 2024. The company has indicated that it is unaware of any reasons why its securities should not be suspended during this process.
Company Statement
Sally McDow, Company Secretary, has confirmed the voluntary suspension to ensure compliance with ASX requirements. The company aims to maintain transparency with its security holders throughout the delisting process.
Motley Fool contributor Abbie Stokes has no position in any of the stocks mentioned. The Motley Fool Australia's parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.
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