Brief: Phosco Says Unfavourable Appeal Decision Delays Seizure

Phosco

05/01/2024 24:25

Jan 5 (Reuters) - PhosCo Ltd  PHO.AX :
    * UNFAVOURABLE APPEAL DECISION DELAYS SEIZURE
    * PHOSCO IS SEEKING LEGAL ADVICE IN RELATION TO ITS OPTIONS
TO
REVIEW DECISION
    * APPEAL COURT IN TUNIS REFUSED PHOSCO'S APPLICATION TO
COMMENCE
PROCESS TO AUCTION OFF 49% INTEREST IN CPSA HELD BY TMS
    * PHOSCO'S RIGHT TO SEIZE CPSA SHARES HELD BY TMS REMAINS IN
FORCE
PREVENTING TMS TRADING IN ITS CPSA SHARES

Source text for Eikon:  ID:nASX8VpRt7 
Further company coverage:  PHO.AX 

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