Lake Technology Limited - Panel Publishes Reasons

Release number


The Takeovers Panel (the Panel) has today published the reasons for its decision not to commence proceedings in relation to the application by Mr Robert Catto dated 22 July 2004 alleging unacceptable circumstances in relation to the affairs of Lake Technology Limited.

The reasons are consistent with the Panel’s comments in the Panel’s media release TP04/73, available on the Panel’s website at: Media Releases.

The sitting Panel was Marie McDonald (sitting President), Alice McCleary (sitting Deputy President) and Peter Scott.

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

Nigel Morris,
Director, Takeovers Panel
Level 47 Nauru House, 80 Collins Street
Melbourne VIC 3000
Ph: +61 3 9655 3501