Animoca Brands Corporation Limited (ASX:AB1) (Company) refers to its market announcements on 23 May 2019, 7 June 2019 and 13 June 2019, and its prospectus dated 3 June 2019 (Prospectus), regarding its application to the Supreme Court of Western Australia (Court) in relation to shares issued without disclosure on 7 September 2018, 16 November 2018, 13 December 2018, 25 January 2019 and 16 April 2019 (Relevant Shares).
The Company is pleased to announce that it obtained orders from the Court today declaring that any offer for sale or sale of Relevant Shares from their respective issue dates until the Prospectus was lodged were not invalid by reason of the failure to issue a valid cleansing notice or prospectus, and any consequent failure by shareholders to provide disclosure in relation to the offers and sales of shares.
The full terms of the orders made by the Court are attached to this announcement. The Company has informed ASX of this development and anticipates that its shares will resume trading imminently.
- Forums
- ASX - By Stock
- AB1
- Ann: Company Update - Outcome of Supreme Court Application
Ann: Company Update - Outcome of Supreme Court Application, page-2
-
- There are more pages in this discussion • 16 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add AB1 (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
LU7
LITHIUM UNIVERSE LIMITED
Alex Hanly, CEO
Alex Hanly
CEO
SPONSORED BY The Market Online