Ainsworth Game Technology Limited 03 - Panel Publishes Reasons

The Panel today published the reasons for its decision on an application dated 24 June 2016 from Fortress Centaurus Global Master Fund Ltd in relation to the affairs of Ainsworth Game Technology Limited.

Details of the Panel's decision can be found at TP16/42.

The Panel's reasons for its decisions are on the Panel's website.

The sitting Panel was Richard Hunt, Andrew Lumsden and Vickki McFadden (sitting President).

Condor Blanco Mines Limited 02 - Panel Receives Application

The Panel has received an application from Australian Securities and Investments Commission in relation to the affairs of Condor Blanco Mines Limited.

Details of the application, as submitted by the applicant, are below.

A sitting Panel has not been appointed at this stage and no decision has been made whether to conduct proceedings. The Panel makes no comment on the merits of the application.

Revised Panel Fees

The fees payable for Panel applications are indexed each year from 1 July based on any increase in the Consumer Price Index, pursuant to the Corporations (Fees) Act 2001 (Cth) and Corporations (Fees) Regulations 2001 (Cth).

With effect from 1 July 2016, as a result of indexation, a fee of $2,350 is payable on an application to the Panel.

Allan Bulman
Director, Takeovers Panel
Level 10, 63 Exhibition Street
Melbourne VIC 3000
Ph: +61 3 9655 3597
allan.bulman@takeovers.gov.au

Warrnambool Cheese and Butter Factory Company Holdings Limited 02 - Panel Receives Application

The Panel has received an application from Sandon Capital Investments Limited in relation to the affairs of Warrnambool Cheese and Butter Factory Company Holdings Limited. The application concerns the entitlement offer announced by Warrnambool on 10 June 2016.

Details of the application, as submitted by the applicant, are below.

A sitting Panel has not been appointed at this stage and no decision has been made whether to conduct proceedings. The Panel makes no comment on the merits of the application.

Ainsworth Game Technology Limited 03 - Panel Receives Application and Makes Decision

The Panel received an application from Fortress Centaurus Global Master Fund Ltd in relation to the affairs of Ainsworth Game Technology Limited (AGI). The application concerns the adjournment of the shareholders' meeting to vote on the sale of AGI's chairman's controlling stake in AGI under item 7 of s611.1 The meeting is due to be held at 9.30am today, Monday 27 June 2016.

Details of the application, as submitted by the applicant, are below.

Ainsworth Game Technology Limited 01 & 02 - Panel Publishes Reasons

The Panel today published the reasons for its decision on the applications by the Australian Securities and Investments Commission dated 13 May 2016, and Fortress Centaurus Global Master Fund Ltd dated 17 May 2016, in relation to the affairs of Ainsworth Game Technology Limited.

Details of the Panel's decision can be found at TP16/38.

The Panel's reasons for its decisions are on the Panel's website.

Condor Blanco Mines Limited

Introduction

  1. The Panel, James Dickson, Michelle Jablko (sitting President) and Nicola Wakefield Evans made a declaration of unacceptable circumstances in relation to the affairs of Condor Blanco Mines Limited. The application concerned two issues of Condor shares being placed in escrow which resulted in Condor and the escrow agent each (in relation to both issues) acquiring a relevant interest in voting shares in Condor in contravention of s606.1 They also failed to make disclosure in contravention of s671B.

Condor Blanco Mines Limited - Panel Publishes Reasons

The Panel today published the reasons for its decision on an application dated 1 May 2016 from Mr Joshua Farquhar in relation to the affairs of Condor Blanco Mines Limited.

Details of the Panel's decision can be found at TP16/35.

The Panel's reasons for its decisions are on the Panel's website.

The sitting Panel was James Dickson, Michelle Jablko (sitting President) and Nicola Wakefield Evans.