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LTR Pharma Ltd (ASX:LTP)

ALERT: Price-sensitive ASX Announcement for LTP
Current share price for LTP : $0.480 -0.025 (-4.95%)+
Announcement
Release
15 Jun 2026 2:16PM
Price at Release
$0.505
Full Release
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Summary
LTR Pharma Limited responded to an ASX Aware Letter concerning the timing and confidentiality of its commercial agreement announcement with Shed Holdings LLC. The agreement was signed and became known to LTR on 8 June 2026, with public disclosure made on 9 June 2026. ASX queried the increase in trading activity before the announcement and whether confidentiality was breached. LTR relied on Listing Rule 3.1A due to ongoing negotiations and confirmed all procedures were in line with their continuous disclosure policy and ASX Listing Rules.
Key Points
  • LTR Pharma Limited received an ASX Aware Letter regarding the timing and disclosure of a binding term sheet with Shed Holdings LLC.
  • LTR signed the agreement on 8 June 2026, and announced it to the market on 9 June 2026.
  • The ASX questioned why there was trading activity before the announcement and whether confidentiality was maintained.
  • LTR relied on Listing Rule 3.1A, as the information was deemed incomplete and negotiations ongoing.
  • LTR confirmed compliance with ASX Listing Rules and that their response was board-approved.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.