InvestSMART

Sydney Airport in trading halt over capital raising

Group requests shares be halted pending an announcement on capital raising.
By · 14 Aug 2013
By ·
14 Aug 2013
comments Comments
Upsell Banner

Sydney Airport (SYD) shares have been placed in a trading halt, pending a release to the market regarding a capital raising.

In a statement to the Australian Securities Exchange, Sydney Airport requested the halt, effective immediately, to last until the commencement of trade tomorrow.

"The trading halt is requested pending an announcement by Sydney Airport of a proposed capital raising by way of an institutional bookbuild that will commence today."

The ASX granted Sydney Airport's trading halt.

Share this article and show your support
Free Membership
Free Membership
Staff Reporter
Staff Reporter
Keep on reading more articles from Staff Reporter. See more articles
Join the conversation
Join the conversation...
There are comments posted so far. Join the conversation, please login or Sign up.