Company expects to announce significant transaction and capital raising today.
Flight Centre Travel Group Limited has just requested that its shares be placed into a trading halt prior to the opening of the ASX this morning.
The company has flagged a pending announcement “in connection with a transaction and a proposed capital raising comprising an institutional placement and a share purchase plan”.
The trading halt has been requested until Flight Centre either makes the announcement, or until the opening of trading tomorrow morning.
More details in Travel Daily as they come to hand.