Australian Securities Exchange Notice
10 May 2018
CLASS ACTION UPDATE
As announced on 24 April 2018, Iluka Resources Limited (Iluka) was served with an originating application and statement of claim in respect of a shareholder class action filed in the Federal Court of Australia naming Iluka Resources Limited as respondent (proceedings).
The proceedings are brought by a group of Iluka shareholders with respect to alleged breaches of Iluka's continuous disclosure obligations and misleading and deceptive conduct in relation to disclosures Iluka made to the market between the period April to July 2012.
On 9 May 2018 Iluka was informed that the shareholder class action has received funding from the applicant's third party litigation funder, Harbour Fund II LP.
Iluka denies liability in respect of the allegations and will defend the proceedings.
Investment market enquiries: | Media enquiries: |
Adele Stratton | Luke Woodgate |
General Manager Finance and Investor Relations | Manager, Corporate Affairs |
Phone: + 61 (0) 8 9360 4631 | Phone: + 61 (0) 8 9360 4785 |
Mobile: +61 (0) 415 999 005 | Mobile: + 61 (0) 477 749 942 |
Email:adele.stratton@iluka.com | Email:luke.woodgate@iluka.com |
Iluka Resources Limited • ABN 34 008 675 018 • Level 23 140 St Georges Terrace Perth WA 6000
GPO Box U1988 Perth WA 6845 • T +61 8 9360 4700 • F +61 8 9360 4777 •www.iluka.com
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Iluka Resources Ltd. published this content on 10 May 2018 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 10 May 2018 00:57:03 UTC