The Takeovers Panel notes the reappointment of 13 members and the appointment of four new members to the Panel for terms of three years, effective 2 April 2026.
The following members have been appointed: Mr Justin Harris, Dr Jane McAloon AM, Ms Christine McLoughlin AM and Ms Antonella Pacitti. The President and the Panel executive warmly welcome the new members.
Use the PDF link above to access the media release.
Use the PDF link above to access the media release. The HTML version will be available shortly.
Use the PDF link above to access the media release. The HTML version will be available shortly.
The Panel has accepted an undertaking from Echelon Resources Limited in relation to the application dated 30 March 2026 by Cue Energy Resources Limited (see TP26/013).
Echelon has undertaken not to accept the off‑market takeover bid made by Horizon Oil Limited for all of the ordinary shares in Cue in which Horizon does not have an interest, in respect of any Cue shares held or controlled by Echelon (other than those the subject of the pre‑bid agreement between Echelon and Horizon), before Monday, 13 April 2026.
The Panel has received an application from Andrew John Barlow, as director of Venturian Pty Ltd ATF Maverick Innovation Trust, in relation to the affairs of Mobile Asset Holdings Ltd (Mobile Asset).
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.
The Panel has received an application from Cue Energy Resources Limited (ASX: CUE) (Cue) in relation to its affairs. The application concerns an off‑market takeover bid announced by Horizon Oil Limited (ASX: HZN) (Horizon) on 2 March 2026, and related arrangements involving Echelon Resources Limited (ASX: ECH) (Echelon), a substantial shareholder of Cue.
Details of the application, as submitted by the applicant, are below.
The Panel has received an application from Mr Andrew Abercrombie seeking a review of the Panel’s decision to make a declaration of unacceptable circumstances in Humm Group Limited (see TP26/011).
A review 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.