ANZ acknowledges court decision in relation to 2015 Institutional Equity Placement

ANZ today acknowledged the decision of the Federal Court of Australia in relation to ANZ’s fully underwritten institutional share placement in August 2015.

The Court found that ANZ should have advised the market of the joint lead managers’ take-up of shares in its 2015 institutional share placement. The maximum penalty is $1 million.

ANZ is reviewing the judgment.

Approved for distribution by ANZ’s Continuous Disclosure Committee

Download PDF