DexusASX: DXS

Update on APAC proceedings

· Issued by Dexus

Filed with ASX · · 1 page · English

Summary by 6ix AI

Dexus provides an update on the proceedings involving Australia Pacific Airports Corporation (APAC) and the Dexus Bloc Shareholders, following a recent judgment from the NSW Supreme Court. The Court validated a Default Notice, which requires a compulsory sale process for the Dexus Bloc shares at fair market value and suspends governance rights for the Dexus Bloc Shareholders. Dexus is reviewing the judgment and considering potential grounds for appeal, while the impact of the ruling remains uncertain due to ongoing injunctions. Further updates will be provided as required by Dexus's disclosure obligations.

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