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#ASX Announcements
stale
Last edited 3 years ago

Oh man. Another of my largest holdings is going to get smashed 

REQUEST FOR TRADING HALT
Pursuant to ASX Listing Rule 17.1, EML Payments Limited (ASX:EML), (“EML” or “the Company”) hereby requests a trading halt in its securities prior to commencement of trading on Monday, 17 May 2021.
In accordance with Listing Rule 17.1, EML:
a) Advises that the reason for the trading halt is to facilitate an orderly market in EML’s securities pending an announcement by EML in relation to significant regulatory concerns notified by the Central Bank of Ireland, and received by EML on Friday 14 May 2021, relevant to the Prepaid Financial Services business that EML acquired on 31 March 2020.
b) Requests the trading halt remain until the earlier of:
i. EML releasing an announcement to the market in relation
to regulatory matter; and
ii. The commencement of trading on 19 May 2021
EML anticipates making the above noted announcement prior to the commencement of trading on Wednesday, 19 May 2021.
c) Is not aware of any reason why the trading halt should not be granted or of any other information necessary to inform the market about the trading halt.
Yours sincerely
Sonya Tissera – Isaacs Joint Company Secretary EML Payments