S&G in trading halt

Slater & Gordon (SGH) securities will be placed in trading halt at the company's request, pending the release of an announcement.

In a statement to the Australian Securities Exchange, the company said it has become aware that potentially price sensitive information about a potential United Kingdom acquisition was published in the media after market close on August 16 and by an investment analyst on August 17.

The group said it is concerned to avoid any trading taking place on the basis of this information in the absence of a board decision about the possible acquisition.

The halt will remain until the start of trade on August 21 or when the announcement is released, whichever is earlier.