SRX sierra rutile holdings limited

Jan 31 (Reuters) - Sirtex Medical Ltd (SRX) Received a letter...

  1. 193,698 Posts.
    lightbulb Created with Sketch. 2825

    Jan 31 (Reuters) - Sirtex Medical Ltd (SRX)

    • Received a letter from a law firm foreshadowing commencement of a representative proceeding against company
    • Is considering foreshadowed claim, and taking legal advice, but considers that claim is material to company
    • Trading halt is requested to be effected immediately to ensure that market trades only on a fully informed basis
    • Letter based on alleged breaches of its continuous disclosure obligations, alleged misleading and deceptive conduct
    • Allegations arising out of a statement made by co on 24 August 2016 that company would achieve "double digit dose sales growth" in FY17
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

Currently unlisted public company.

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