Takeovers Panel Orders DGR Share Sales, Disclosure And Board Changes
The Takeovers Panel has issued final orders after finding unacceptable circumstances around May share purchases, including that associated parties’ combined voting power rose from 36.65% to 45.43% and required disclosures were not made. The orders require corrective disclosure, vest certain shares for sale, cancel a share-funding arrangement, and require DGR to appoint an independent director and establish an independent board committee.
Closing price · 2026-10-27: $0.032 · +0.00%