ANZ says bailout by underwriters of $2.5B share placement not relevant to ASX

Securities 2024-05-23 11:41 pm By Sam Matthews | Melbourne

Challenging a ruling that it breached its continuous disclosure obligations, ANZ has argued on appeal that it did not need to inform the ASX of a bailout by the underwriters of a 2015 institutional share placement because the information didn’t go to the fundamental value of its shares.