General Property Trust - Panel Publishes Reasons

Release number

TP04/115

The Takeovers Panel (the Panel) has today published the reasons for its decision in relation the application from GPT Management Limited as responsible entity of General Property Trust (GPT) dated 3 December 2004 alleging unacceptable circumstances in relation to the off-market takeover bid by Stockland Trust Management Limited as the responsible entity for Stockland Trust (Stockland) for all the ordinary units in GPT.

Details of the Panel’s decision were announced on 9 December 2004 in Panel media release TP04/111>, available on the Panel’s website at: Media Releases.

The sitting Panel was Norman O’Bryan, Mark Paganin and Marian Micalizzi.

The reasons of the Panel are available on the Panel’s website at: Decisions.

Nigel Morris
Director, Takeovers Panel
Level 47, 80 Collins Street
Melbourne, VIC 3000
Ph: +61 3 9655 3501
nigel.morris@takeovers.gov.au