Dropsuite Limited
Introduction
- The Panel, Bruce McLennan (sitting President), Deborah Page AM and Kate Towey made a declaration of unacceptable circumstances in relation to the affairs of Dropsuite. The application concerned a statement contained in an announcement by Dropsuite that Topline (Dropsuite’s largest shareholder) intended to vote in favour of a proposed scheme pursuant to which Dropsuite would be acquired by NinjaOne, and subsequent significant disposals of Dropsuite shares by Topline which it failed to disclose in a timely manner.