Sequoia Financial Group Limited – Panel Receives Application

The Panel has received an application from Sequoia Financial Group Limited (ASX: SEQ) in relation to its affairs. The application concerns alleged undisclosed associations in the context of an upcoming section 249D meeting.

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.

Details

Sequoia is an ASX‑listed financial services company.

Mount Isa Minerals Limited – Panel Receives Application

The Panel has received an application from Lantech Developments Pty Ltd in relation to the affairs of Mount Isa Minerals Limited. The Applicant is a shareholder of Mount Isa Minerals. 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.

Vintage Energy Limited

Introduction

  1. The Panel, James Burchnall, Louise Higgins and Marina Kelman (sitting President), declined to conduct proceedings on an application by Keybridge Capital Limited in relation to the affairs of Vintage Energy Limited. The application concerned a placement and non‑renounceable entitlement offer announced by Vintage on 25 March 2024, being around the time that the Applicant gave section 203D1 and section 249D notices to the company, as announced on 27 March 2024.

Ringers Western Limited – Panel Receives Application

The Panel has received an application from Bombora Investment Management Pty Ltd in its own capacity and as manager of the Bombora Special Investments Growth Fund, Evolution Trustees Limited, as responsible entity for the Bombora Special Investments Growth Fund, Brebec Pty Ltd as trustee for the Chenoweth Family Trust, Bryan Zekulich, Salam Nader Pty Ltd, Wyaga Investments Pty Ltd as trustee for the TNR Investments Trust, Jarumitoti Superannuation Fund Pty Ltd as trustee for Jarumitoti Super Fund, and Malolo Holdings Pty Ltd (together the Applicants) in relation to the affa

Appointment of Panel Members

The Takeovers Panel notes the announcement by the Assistant Treasurer and Minister for Financial Services of the reappointment of 10 members and the appointment of 7 new members to the Panel for terms of 3 years, effective 30 April 2024.

The following members have been appointed: Mr Kierin Deeming, Ms Katrina Efthim, Mr Jonathan (Jon) Gidney, Ms Reeny Paraskeva, Mr Richard Phillips, Mr Christopher Stavrianou and Ms Georgina Varley. The President and the Panel executive warmly welcome the new members.