News: UGL IMF Bentham announces funding of class action against against UGL Ltd

Sept 28 (Reuters) - IMF Bentham Ltd (IMF) :

• Imf proposes to fund claims of certain current and former shareholders of ugl limited ("ugl)" against ugl
• Claims relate to alleged misleading or deceptive conduct and to alleged breaches by ugl of its continuous disclosure obligations
• New australian funding agreement - ugl limited-imf.ax
• Class action will be conducted by slater and gordon lawyers in melbourne
• "imf's funding of class action is conditional on sufficient claimants with valid claims entering into funding agreements with imf"