Pure Foods Tasmania Admits ASX Listing Rule Breaches, Tightens Compliance Controls

An announcement from Pure Foods Tasmania Ltd. ( (AU:PFT) ) is now available.

Pure Foods Tasmania has disclosed that it inadvertently breached ASX Listing Rules 7.1 and 3.10.3C in relation to several equity issues conducted in August and September 2025, stemming from a misinterpretation of its 10% placement capacity under Listing Rule 7.1A, which led to certain options and additional securities being issued under the wrong placement capacity and to delayed lodgement of required appendices. While the company considers the dollar value of the affected securities immaterial in the context of its capital base, it acknowledges the seriousness of the compliance lapses and has implemented remedial measures, including revised internal procedures, updated placement capacity documentation and additional training by external advisers, to strengthen governance and reduce the risk of future breaches, signalling to investors and regulators an effort to shore up its compliance and corporate oversight as it continues its recapitalisation activities.

The most recent analyst rating on (AU:PFT) stock is a Hold with a A$0.04 price target. To see the full list of analyst forecasts on Pure Foods Tasmania Ltd. stock, see the AU:PFT Stock Forecast page.

More about Pure Foods Tasmania Ltd.

Pure Foods Tasmania Ltd is a Tasmanian-based premium food and beverage company focused on developing and promoting high-end products under brands including Woodbridge Smokehouse, Tasmanian Pate, Daly Potato Co and its ice cream division. Formed in 2015, the company’s strategy centres on expanding its portfolio of premium and plant-based products, acquiring complementary brands and growing global market penetration and distribution for its suite of brands.

Average Trading Volume: 92,121

Technical Sentiment Signal: Hold

Current Market Cap: A$11.18M

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