Vending Technologies postpones issue

The one for ten rights issue was due to pay for the purchase of Soche, Australia's largest independent vending business, which owns and operates machines in Victoria, New South Wales and Queensland.

The money would also be used for other expansion.

VTL says the issue has been put off until the market impact of today's terrorist attacks in the US can be quantified.

The record date was scheduled for this Friday with rights trading due to commence on Monday.

VTL says it will make a further announcement on revised rights issue timing once the US situation has clarified.

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