The Panel has accepted an undertaking from Forrestania Resources Limited (Forrestania) in relation to the application dated 23 July 2026 from Harvest Lane Asset Management Pty Ltd (see TP26/047).
Forrestania has undertaken not to declare its takeover bid to acquire all of the ordinary shares in Zenith Minerals Limited free from any defeating condition without the prior consent of the Acting President or a sitting Panel.
The Panel has received an application from Harvest Lane Asset Management Pty Ltd in relation to the affairs of Zenith Minerals Limited (Zenith). Zenith is currently the subject of a recommended off‑market takeover bid by Forrestania Resources Limited (Forrestania).
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 Foboce Pty Ltd and Natalie Obrart in relation to the affairs of Cygnus Metals Limited (Cygnus). Cygnus is currently the subject of a proposed acquisition by Central Asia Metals PLC (CAML) by way of a scheme of arrangement.
Details of the application, as submitted by the applicants, 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 Mr Andrew Barlow in relation to the affairs of Adslot Ltd (Adslot).
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.
Adslot is an ASX‑listed company (ASX:ADS).
The applicant is a substantial shareholder of Adslot.
The Panel has accepted an undertaking from Samuel Holdings Pty Ltd in relation to the application dated 4 July 2026 by Jeremy Raper (see TP26/039).
Samuel Holdings has undertaken that, without the prior consent of the Panel, it will not sell, dispose of, transfer, charge, or otherwise deal with its shares in DGR Global.
The undertaking has effect until the determination of the proceedings.
A copy of the undertaking is attached.
The Panel has consented to a request by Quinbrook Asset Management Pty Ltd as trustee for the Critical Resources Strategy (the Applicant) to withdraw its review application to the Panel dated 22 June 2026 in relation to the affairs of Kingsland Minerals Ltd (see TP26/037).
The President of the Panel has made interim orders1 in response to an application for interim orders dated 4 July 2026 by Jeremy Raper in relation to the affairs of DGR Global Limited.
The interim orders require that, without the prior consent of the President or the Panel (once appointed), Tenstar Trading Limited must not sell, dispose of, transfer, charge, or otherwise deal with its shares in DGR Global.
The Takeovers Panel has today published a revised Guidance Note 4 (GN 4) on Remedies General. This is the seventh issue of the guidance note.
The Panel issued a consultation paper in relation to proposed amendments to GN 4 on 15 December 2025. The Panel received one submission in response.
The Panel has received an application from Frasers Group plc (Frasers) in relation to the affairs of Accent Group Limited (Accent). The application concerns an on‑market takeover bid by Frasers for all of the fully paid ordinary shares in the capital of Accent that Frasers and its associates do not already own (Offer).
Details of the application, as submitted by the applicant, are below.