Brief: Australia's Takeovers Panel Updates On Application By UIL Ltd In Relation To The Market Herald

Gumtree Australia Markets

08/06/2023 07:29

June 8 (Reuters) - Australian Government Takeovers
Panel: 
    * UPDATES ON APPLICATION DATED FEB 6 BY UIL LIMITED IN
RELATION TO
AFFAIRS OF THE MARKET HERALD LTD
    * MADE ORDERS THAT 2 MILLION THE MARKET HERALD SHARES HELD
BY
GAVIN ARGYLE TO BE VESTED IN COMMONWEALTH FOR ASIC TO SELL
    * MADE ORDERS THAT 87,324 THE MARKET HERALD SHARES HELD BY
DAVID
ARGYLE TO BE VESTED IN COMMONWEALTH FOR ASIC TO SELL
    * MADE COSTS ORDERS REQUIRING TMH TO PAY FAIR & REASONABLE
COSTS,
AS DETERMINED BY PANEL, INCURRED BY UIL, & ASIC

Source text for Eikon:  ID:nASX8dVgjk 
Further company coverage:  TMH.AX 

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