Brief: ARN Media Updates On Takeovers Panel Proceedings

ARN Media

04/12/2023 01:07

Dec 4 (Reuters) - ARN Media Ltd  A1N.AX :
    * NOTES THAT ON 23 NOV TAKEOVER PANEL MADE DECLARATION OF
UNACCEPTABLE CIRCUMSTANCES IN RESPECT OF AFFAIRS OF SOUTHERN
CROSS MEDIA GROUP
    * INTENDS TO HAVE ORDERS ISSUED TODAY REVIEWED TO APPLY FOR
ORDERS
FOR SALE OF SALE SHARES TO BE STAYED
    * EARLIER TODAY, INITIAL PANEL MADE ATTACHED ORDERS VESTING
16.4
MILLION SXL SHARES HELD BY ARN IN ASIC FOR SALE

Source text for Eikon:  ID:nASX4LzcK2 
Further company coverage:  A1N.AX 

 ((Reuters.Briefs@thomsonreuters.com;))