Panel Receives Application in Relation to Simon Gilbert Wines' Proposed Bid for Vincorp Wineries

The Takeovers Panel has today received an application for a declaration of unacceptable circumstances in relation to the bidder's statement issued by Simon Gilbert Wines ("SGW") in its scrip bid for Vincorp Wineries. SGW gave its bidder's statement to Vincorp on 15 February.

The application asserts that Simon Gilbert Wines' bidder's statement has disclosure deficiencies in relation to: