Pact Group Holdings To Delist from ASX at Close of Trading on July 16, Shares Jump 6%

MT Newswires Live
07-07

Pact Group Holdings (ASX:PGH) said it will proceed with the firm's delisting from the official list of the Australian Securities Exchange, and will be removed from the list at the close of trading on July 16, according to a Monday ASX filing.

It will apply to ASX for its shares to be suspended from close of trading on July 14. After the delisting, its shares will only be sold via off-market, private transactions.

It reported a provisional revenue from continuing operations in fiscal year 2025 of AU$1.82 billion, up 1% year-over-year from AU$1.8 billion, on the back of increased volumes in the materials handling and pooling segment.

Its legal proceedings related to the acquisition of TIC Retail have been listed for trial in the Victoria Supreme Court in December.

Its shares jumped 6% in recent trading on Monday.

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