opes prime injunction

  1. 11,223 Posts.
    Does anyone know if this injunction includes all shares or just GBG

    GINDALBIE METALS LTD No. 180934533 /

    Sydney - Wednesday - April 2: (RWE Australian Business News) -
    Gindalbie Metals (ASX:GBG) has provided the market with a further update
    regarding the shareholding of a substantial shareholder, Melewar Steel
    As previously advised to the market, Melewar has a portion of
    its shareholding subject to an equity finance contract with Opes Prime
    Stockbroking, which has had a Receiver-Manager appointed.
    Melewar's lawyers, Slater & Gordon, have this afternoon
    confirmed that an injunction has been placed on ANZ Nominees, Australia
    and New Zealand Banking Group Limited and Opes Prime Stock Broking
    Limited restricting the sale of approximately 32 million shares, the
    subject of dispute with Melewar.
    The injunction is in place until 4pm on 10 April.

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