PGC 0.00% 20.0¢ pyne gould corporation limited

Ann: GENERAL: PGC: Torchlight Fund No.1 LP legal action

  1. lightbulb Created with Sketch. 2
    • Release Date: 18/11/15 09:00
    • Summary: GENERAL: PGC: Torchlight Fund No.1 LP legal action
    • Price Sensitive: No
    • Download Document  857B
    					PGC
    18/11/2015 09:00
    GENERAL
    PRICE SENSITIVE
    REL: 0900 HRS Pyne Gould Corporation Limited
    
    GENERAL: PGC: Torchlight Fund No.1 LP legal action
    
    NZX ANNOUNCEMENT
    
    18 November 2015
    
    Torchlight Fund No.1 LP legal action
    
    Wilaci, an entity connected with Australian businessman John Grill, is
    appealing the recent High Court ruling [see previous announcements 20/10/2015
    and 22/10/2015] in a case involving Torchlight Fund No.1 LP ("Torchlight"),
    an associate of Pyne Gould Corporation ("PGC").
    
    Torchlight considers that the High Court's decision was correct and in
    accordance with long-established legal principles, and that the appeal is
    without merit.
    
    Until the appeal is concluded, PGC will not make any further comment.
    
    For more information, please contact: David Lewis  +64 21 976 119
    End CA:00273621 For:PGC    Type:GENERAL    Time:2015-11-18 09:00:56
    				
 
watchlist Created with Sketch. Add PGC (NZSX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.