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Takeovers Panel Declines Proceedings on Yowie Group Application

Story Highlights
  • The Takeovers Panel declined to proceed with an application concerning Yowie Group Ltd.
  • The Panel found no substantial impact on Yowie’s control and deemed the market sufficiently informed.
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Takeovers Panel Declines Proceedings on Yowie Group Application

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An announcement from Keybridge Capital Limited ( (AU:KBC) ) is now available.

The Takeovers Panel has decided not to proceed with an application concerning Yowie Group Ltd, submitted by Nicholas Bolton. The application alleged violations related to a bridge funding facility and disclosure of interests in Yowie shares by Wilson Asset Management Group entities. The Panel found no substantial impact on Yowie’s control and deemed the market sufficiently informed, thus declining to declare any unacceptable circumstances.

More about Keybridge Capital Limited

Technical Sentiment Signal: Sell

Current Market Cap: A$9.72M

See more data about KBC stock on TipRanks’ Stock Analysis page.

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