|
Sydney - Wednesday - April 2: (RWE Aust Business News) - Bannerman Resources (ASX:BMN) has been advised by director Nathan McMahon and other shareholders that a portion of their shareholdings are subject to an equity finance contract with Opes Prime, in receivership by the ANZ Bank (ASX:ANZ). The company cannot provide surety of the total number of the securities affected by the Opes margin lending, however, following an analysis of the register, identified two holdings which it believes may be potentially linked to the Opes facilities. These shares represent 10.3pc of the issued capital. Mr McMahon has informed the company that entities associated with him have margin lending arrangements with Opes under which 14,722,097 ordinary shares representing 10.2pc of the issued capital are pledged as collateral which are held in these ANZ Nominees accounts. The key terms of the Opes facilities as understood by Mr McMahon were that of a standard margin loan facility, whereby equity securities were given as collateral for funds advanced to clients and a security value for the collateral was determined by Opes. The current status of the ownership and control of the securities is unclear at this time. No other directors or executives have any margin loan arrangements secured by the company's shares. |
|
| aus der Diskussion: | BANNERMAN - jetzt auch in Frankfurt |
| Autor (Datum des Eintrages): | DaenischeSuedsee (02.04.08 18:38:01) |
| Beitrag: | 24 von 383 (ID:33791861) |
| Alle Angaben ohne Gewähr © wallstreetONLINE | |