Locality Planning Energy Holdings Limited – Panel Accepts Undertakings and Declines to Make Declaration
Following the offering of undertakings by 2 of the directors of Locality Planning Energy Holdings Limited (ASX:LPE) and companies connected with them, to address concerns of the Panel, the Panel declined to make a declaration of unacceptable circumstances in response to an application dated 28 May 2024 from River Capital Pty Limited1 in relation to the affairs of Locality (see TP24/028).
Locality is currently the subject of an off‑market takeover bid by River Capital.