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Wednesday 16 October 2013
Novogen Comments on recent share price rise
Novogen today released the following statement by Dr Graham Kelly, CEO of Novogen Ltd.
“The Company is unable to provide an explanation for the 45% rise in its ADR stock overnight on the NASDAQ exchange, other than the observation that is followed an article that appeared yesterday in the US press that speculated on the future of the Company.
That article, in part, speculated on the possibility that the Company was engaged in discussions with another party in relation to its super-enzopyran drug technology.
As was flagged in the 2013 Annual Report released recently, the Company is seeking to establish a structure that will facilitate its goal of delivering personalized chemotherapy on an individual patient basis. The Company currently is working towards establishing such a structure that will be announced when and if it is established. Until then, the Company is not in any position to provide any more details.”
Yours sincerely,
Lionel Mateo
Company Secretary
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Wednesday 16 October
Elvis Onyura
Senior Adviser, Listings Compliance (Sydney)
ASX Compliance Pty Ltd, 20 Bridge Street
Sydney NSW 2000
Dear Elvis,
Request for Trading Halt for Novogen Limited
In accordance with ASX Listing Rule 17.1, Novogen Limited (“the Company”) requests an
immediate trading halt in respect of its securities (ASX Code: NRT).
In requesting the trading halt, the Company provides the following information:
• The trading halt is requested pending the release of a response to the speculations
published in the media in relation to a partnership with another entity;
• Unless otherwise requested by the Company, the Company requests the trading halt
to remain in place until an announcement is made to the market;and
• The Company is not aware of any reason why the trading halt should not be granted
or of any other information necessary to inform the market about the trading halt.
Yours sincerely,
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Lionel Mateo
Company Secretary