Friday, April 4, 2014

AUSGROUP

AUSGROUP says the party proposed exploring collaboration AUSGROUP say a party said it bought 6.9% of the company. The Company has received a letter from a party (the “Party”) informing the Company that such Party has acquired a substantial shareholding of approximately 6.9% in the Company. The Company is in the process of verifying such information. Such Party has also proposed the exploration of strategic collaboration opportunities with the Company, as well as other ways to optimise the likelihood of success of such collaboration. The Company is currently considering such proposals and, where appropriate, intends to engage such Party in discussions, and will provide further updates in due course.

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