Allegiance Mining NL - Panel Makes Interim Orders

TP08/008

The Panel has made interim orders on the application dated 11 February 2008 (Applications) from Allegiance Mining NL in relation to the affairs of Allegiance Mining NL (see TP08/06).

The Panel has decided to commence proceeding in relation to the Application.

A copy of the interim orders is attached.

Allan Bulman
Director, Takeovers Panel
Level 47, 80 Collins Street
Melbourne, VIC 3000
Ph: +61 3 9655 3535
allan.bulman@takeovers.gov.au

Corporations Act
Section 657E
Interim Orders

In the matter of Allegiance Mining NL

  1. Allegiance Mining NL (Allegiance) made an application to the Takeovers Panel dated 11 February 2008 in relation to the affairs of Allegiance.
  2. Zinifex Australia Limited (Zinifex) has made an off-market takeover bid for all of the shares of Allegiance (Offer).

Under section 657E of the Corporations Act 2001 (Cth), the Panel ORDERS:

  1. Zinifex not take any further steps to process the acceptances of Lion Selection Group Limited, Andrew Lambert and Caroline Lee and the Andrew Lambert and Caroline Lee Superannuation Fund received by Computershare Investor Services Limited on 8 February 2008 (Acceptances), or dispose of or otherwise deal with any of the shares the subject of the Acceptances.
  2. These orders are to have effect until the earlier of:
    1. the determination of the proceeding
    2. 2 months after the date of this order.

Alan Shaw
Counsel
with authority of John Fast
President of the Sitting Panel
Dated 14 February 2008

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