Adslot Ltd

Takeovers Panel Version 1 original current

Imported from official source

The Panel, Bruce Cowley (sitting President), Joseph Fayyad and Justin Harris declined to conduct proceedings on an application by Mr Andrew Barlow in relation to the affairs of Adslot. The application concerned an off‑market transfer of approximately 12.24% of Adslot shares that was alleged to give rise to an undisclosed association between certain shareholders and was alleged to occur in a market that was not efficient, competitive and informed. The Panel considered that there was no reasonable prospect that it would declare the circumstances unacceptable. Adslot Adslot Ltd (ASX:ADS) Off‑MarketTransfer has the meaning given in paragraph 5 Penstock has the meaning given in paragraph 5 PPM has the meaning given in paragraph 4 Relevant Shares has the meaning given in paragraph 5 Mr Andrew Dyer is the Executive Chairman of Adslot and has voting power of approximately 9.16% in Adslot. Mr Dyer is also a director of Private Portfolio Managers Pty Limited (PPM). On 29 June 2026, 723,878,279 Adslot shares (the Relevant Shares), representing 12.24% of the total number of Adslot ordinary shares on issue, were transferred off market from PPM to Penst...

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1 of 1
Recorded
October 03, 2026 20:43
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