Boulder Steel Limited

The Panel, Byron Koster, Alice McCleary and Simon Mordant (sitting President), declined to conduct proceedings on an application concerning an alleged association between two shareholders regarding a change to the composition of the board of Boulder and disclosure issues concerning those shareholdings.

Boulder Steel Limited - Panel Receives Application

The Takeovers Panel has received an application from Boulder Steel Limited in relation to its affairs. Boulder has an extraordinary general meeting scheduled to take place on 8 October 2008. The EGM was requisitioned on behalf of Falak Holding LLC (99% owned by Mr Abdul Rahman Falaknaz) under s249D seeking among other things the removal from the board of the Managing Director and Chief Executive Officer of Boulder, Dr Peter Wallner.