on Dexus Finance Pty Limited (isin : XS1961891220)
Dexus Provides Update on Legal Proceedings with APAC
On May 29, 2026, Dexus Finance Pty Limited issued an update regarding the ongoing legal proceedings involving the Australia Pacific Airports Corporation (APAC). The NSW Supreme Court has validated the Default Notice against Dexus Bloc Shareholders, triggering a compulsory process to offer shares for sale to other APAC shareholders. This process includes an immediate suspension of governance and voting rights for the Dexus Bloc Shareholders.
Despite this, an existing injunction will remain effective until June 5, 2026, allowing Dexus Bloc Shareholders to temporarily retain their rights and delay any forced sale. A hearing to address costs, further injunctions, and remaining issues is scheduled for the same day. Dexus is considering appealing the judgment, which may extend the injunction's duration.
The effects on Dexus remain uncertain, and the company is reviewing the judgment closely, especially concerning employee conduct. Further updates will be provided in line with disclosure obligations.
R. H.
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