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Takeovers Panel Freezes Emu NL Placement Shares Amid Dispute

1:28am on Monday 2nd of June, 2025 AEST Financial Services
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Takeovers Panel Freezes Emu NL Placement Shares Amid Dispute

1:28am on Monday 2nd of June, 2025 AEST
Key Points
  • Interim orders restrict disposal of Emu NL placement shares
  • Orders affect subscribers and their associates from 14 May 2025 placement
  • Restrictions remain until Panel's further decision or two months
  • Orders respond to application by Wayburn Holdings Pty Ltd
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