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Takeovers Panel Eases ARN Media Voting Limits on Southern Cross Shares
10:52am on Wednesday 2nd of July, 2025 AEST
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Takeovers Panel Eases ARN Media Voting Limits on Southern Cross Shares
10:52am on Wednesday 2nd of July, 2025 AEST
Key Points
Takeovers Panel varies orders restricting ARN Media’s 6.83% stake voting rights
Restrictions to ease by 3% of issued capital every six months from July 1, 2025
ARN likely restricted from voting on certain Southern Cross resolutions despite support
Statement of shareholder support for resolutions now qualified due to restrictions
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