TP03/096

BreakFree Limited 03 - Status of Proceedings

In Takeovers Panel media release 90/2003 on 24 September, the Panel advised the status of an application (the Application) from BreakFree Limited (BreakFree) pursuant to section 657A of the Corporations Act 2001 (Cth) (the Act) for a declaration of unacceptable circumstances in relation to an amended bidder's statement (the Bidder's Statement) by S8 Limited (S8) concerning its takeover bid for BreakFree.