Redflex Holdings Limited - Panel Publishes Reasons

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The Panel today published the reasons for its decision on an application dated 11 September 2009 from Silverlene Pty Ltd on its on own behalf and "separately at the request of" Thorney Holdings Pty Ltd, Thorney Pty Ltd, Renaissance Smaller Companies Pty Ltd and Hunter Hall Investment Management Ltd.  The application related to the affairs of Redflex Holdings Limited.

Details of the Panel's decision can be found at TP09/70.

The Panel's reasons for its decisions are on the Panel's website.

The sitting Panel was Andrew Lumsden (sitting President), Anthony Sweetman and Simon Withers.

Allan Bulman
Director, Takeovers Panel
Level 10, 63 Exhibition Street
Melbourne VIC 3000
Ph: +61 3 9655 3597