Brief: EML Payments Updates On Amended Statement Of Claim Filed By Shine Lawyers

EML Payments

16/12/2022 10:25

Dec 16 (Reuters) - EML Payments Ltd  EML.AX :
    * BOARD APPROVED EML PROVIDING ITS CONSENT TO FILING OF A
DRAFT
AMENDED STATEMENT OF CLAIM FILED BY SHINE LAWYERS
    * AMENDED STATEMENT OF CLAIM INCREASES TOTAL NUMBER OF
ALLEGATIONS
FROM 4 TO 20
    * WILL FILE AMENDED DEFENCE IN DUE COURSE AND CONTINUE TO
UPDATE
MARKET AS APPROPRIATE
    * AMENDED STATEMENT OF CLAIM EXPANDS PREVIOUS CLAIM PERIOD
FROM 19
DECEMBER 2020 - 18 MAY 2021 TO 19 DECEMBER 2020 - 25 JULY 2022
    * CONSIDERS IT HAS AT ALL TIMES COMPLIED WITH ITS DISCLOSURE
OBLIGATIONS, DENIES ANY LIABILITY & WILL VIGOROUSLY DEFEND
PROCEEDINGS

Source text for Eikon:  ID:nASX47XNKC 
Further company coverage:  EML.AX 
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