Vinyl Receives Amended Court Orders for Cleansing Notice Relief

MT Newswires Live
10 Jun

Vinyl Group (ASX:VNL) received amended Federal Court orders correcting a minor clerical error in earlier relief granted, according to a June 6 filing with the Australian bourse.

On May 30, the company said that, due to an administrative oversight, it had failed to lodge a cleansing notice under the Corporations Act within the required five business days after issuing shares.

On June 6, the federal court orders granted the company relief for its failure to lodge cleansing notices within the prescribed period.

The amendment court orders corrected the amount from the original orders under one instrument by 18 shares, the filing said.

The company has requested the Australian Stock Exchange to lift its voluntary trading suspension, in place since June 2, the filing added.

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