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