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Pengana Capital Challenges Buy-Back and Rights Issue at Takeovers Panel

5:03pm on Tuesday 1st of September, 2026 AEST Financials
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Pengana Capital Challenges Buy-Back and Rights Issue at Takeovers Panel

5:03pm on Tuesday 1st of September, 2026 AEST
Key Points
  • Application alleges deficient disclosure and conflict of interest
  • Legal challenge targets shareholder-approved buy-back
  • Concerns over WAM Group’s potential voting power increase
  • Seeks interim orders halting buy-back and rights issue
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