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Takeovers Panel Orders Identitii to Reopen Rights Issue Amid Control Concerns
10:24am on Tuesday 10th of February, 2026 AEDT
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Financial Services
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Takeovers Panel Orders Identitii to Reopen Rights Issue Amid Control Concerns
10:24am on Tuesday 10th of February, 2026 AEDT
Key Points
Rights issue pricing and timing criticised for discouraging shareholder participation
Underwriter Beauvais Capital’s potential control increase deemed problematic
Panel mandates supplementary disclosure and reopening of the rights issue
Shareholders granted withdrawal rights after initial participation
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