TP14/029
The Panel has accepted an undertaking from Gondwana Resources Limited in relation to the application dated 29 April 2014 by Ochre Group Holdings Limited (see TP14/28).
Gondwana has undertaken not to issue the prospectus lodged with ASIC on 16 April 2014 (including any supplementary or replacement prospectus) relating to the proposed 1 for 1 non-renounceable rights issue by Gondwana until the earlier of an order by the Panel or the determination of the Panel proceedings.
A copy of the undertaking is attached.
Allan Bulman
Director, Takeovers Panel
Level 10, 63 Exhibition Street
Melbourne VIC 3000
Ph: +61 3 9655 3597
allan.bulman@takeovers.gov.au
Attachment
Australian Securities and Investments Commission Act 2001 (Cth) Section 201A
Undertaking
Gondwana Resources Limited
Gondwana Resources Limited (Gondwana) undertakes to the Panel that it will not issue the prospectus lodged with ASIC on 16 April 2014 (including any supplementary or replacement prospectus) relating to the proposed 1 for 1 non-renounceable rights issue by Gondwana until the earlier of:
- an order of the Panel or
- the determination of the Panel proceedings.
Signed by Steven Pynt of Gondwana Resources Limited
with the authority, and on behalf, of
Gondwana Resources Limited
Dated 7 May 2014
