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Jetset Travelworld announces trading halt

Monday, 6 September 2010

Jetset Travelworld announced a trading halt of its shares early this morning, before the beginning of today’s general meeting regarding the Stella merger.

The trading halt will stay in effect until either the commencement of normal trading on Tuesday, 7 September or when the outcome of the general meeting is announced to the market.

Jetset's general meeting on the proposed merger, which received approval from the Australian Competition and Consumer Commission last Wednesday, began at 10am this morning.

In a company statement, Jetset Travelworld explained that it has asked for a trading halt to "prevent people who attend the general meeting being more informed than the market generally as a result of disclosures made at the general meeting".

Source = e-Travel Blackboard: C.F
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