The Anittel Group (ASX:AYG), has announced a trading halt on the Australian Stock Exchange (ASX) in light of an announcement about a “material contract for the provision of Anittel products and services”.
The announcment is due to be made before trading resumes on Tuesday, August 28..
The trading halt will be lifted when the announcement is released to the market, or stay in place until normal trading resumes on Aug 29.
Anittel did not comment on the new announcement but in a recent interview, managing director and executive chairman, Peter Kazacos, mentioned that it will be expanding its hosted UC installation base and was negotiating new opportunities in regional and metropolitan markets.
The company most recently completed the initial stages of a hosted Unified Communications (UC) rollout to regional employment and training organisation, Joblink Plus, in July.