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Takeovers Panel Eases Voting Restrictions on Southern Cross Shares
2:52pm on Wednesday 2nd of July, 2025 AEST
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Takeovers Panel Eases Voting Restrictions on Southern Cross Shares
2:52pm on Wednesday 2nd of July, 2025 AEST
Key Points
Panel varies orders restricting ARN Media's voting rights on 6.83% Southern Cross shares
New mechanism allows incremental restoration of voting power every six months
Variation responds to Sandon Capital's board spill resolutions at upcoming meeting
Panel finds no material change but permits prospective easing of restrictions
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