Australia's EOS slips as ASX urges compliance

Electro Optic Systems Holdings

12/03/2026 24:54

** Electro Optic Systems EOS.AX slips as much as 9.9% to A$9.650; marks biggest intraday pct drop since February 12

** Defense co says Australian bourse operator ASX ASX.AX directed co to review continuous disclosure policy to ensure it's in line with expectations

** ASX says co's contract win announcement on December 15 not sufficiently detailed to meet expectations

** Adds co failed to disclose market sensitive information

** YTD, EOS up 5.2%

 (Reporting by Nichiket Sunil in Bengaluru)

 ((Nichiket.Sunil@thomsonreuters.com))