Citect Corporation Limited - Panel Publishes Reasons

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The Takeovers Panel (the Panel) has today published the reason for its decision in relation to an application from Schneider Electric Australia Holdings Pty Limited dated 15 February 2006 (see TP06/13).

Details of the Panel's decision can be found on the Panel's website under Reasons for Decisions.

The sitting Panel which considered the Citect application were Graham Bradley, Marie McDonald (sitting President) and Jennifer Seabrook.

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