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Software Update

Iress enters trading halt to 'manage its continuous disclosure obligations’

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The news: Financial software provider Iress has entered a trading halt ahead of an announcement to “manage its continuous disclosure obligations”.

The numbers: Iress' share price had surged 8% to $9.68 before it entered a trading halt at 3:12pm AEDT.

The context: The stock will resume trading at the earlier between a further announcement or the start of trading on 26 November 2025.

In October, Iress told the exchange that it had opened a virtual data room to engage with multiple potential suitors in addition to US investing giants Blackstone and Thoma Bravo whose acquisition interest was confirmed in August.

The source: ASX


By Brandon How