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WEB Travel Group Limited (ASX:WEB)

ALERT: Price-sensitive ASX Announcement for WEB
Current share price for WEB : $2.360 -0.69 (-22.62%)+
Announcement
Release
6 Feb 2026 3:15PM
Price at Release
$3.050
Full Release
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Summary
Web Travel Group Limited responded to an ASX price query following a sudden change in the trading price and volume of its securities. The company confirmed that it is not aware of any undisclosed information that could explain the price movement. It stated that an audit by the Balearic Islands of the Spanish Tax Agency on its subsidiary was recently initiated, which has been reported by Spanish media. However, WEB maintains the view that this information is not market-sensitive under ASX Listing Rule 3.1. The company confirmed compliance with the Listing Rules, including the continuous disclosure obligations, and that all responses to the ASX have been authorized under its disclosure policy.
Key Points
  • WEB received a price query from ASX after a significant drop in share price and increased trading volume.
  • WEB is not aware of any undisclosed information explaining the trading activities.
  • A tax audit was initiated on WEB's subsidiary by the Spanish Tax Agency.
  • WEB considers the audit non-market sensitive and proactively informed the market.
  • WEB confirms compliance with ASX Listing Rules, particularly Rule 3.1.
  • All responses to ASX queries were authorized under WEB's continuous disclosure policy.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.