This is an important announcement for shareholders in Quintis
Limited.
Two separate class actions have been commenced in the Federal
Court of Australia seeking compensation for shareholders of Quintis
Limited. The two class actions are the EXCEL TEXEL Class Action and the
DAVIS Class Action.
The Court has ordered that an OPT OUT NOTICE be issued to group
members (i.e. Quintis Limited shareholders) in both the EXCEL TEXEL Class Action
and the DAVIS Class Action. The OPT OUT NOTICE contains important
information about your legal rights, including your right to choose which of
the Class Actions you wish to participate in (or to OPT OUT of both if you do
not wish to participate in either Class Action).
There are two forms of OPT OUT NOTICE which are accessible via our dedicated website you can access by clicking here. The two forms of OPT OUT NOTICE are:
STANDARD OPT OUT NOTICE
DUAL REGISTRANT OPT OUT NOTICE
If you have ALREADY REGISTERED YOUR
INTEREST IN BOTH the EXCEL TEXEL Class Action and the DAVIS Class Action by
contacting both Piper Alderman AND Gadens (or Bannister Law, a firm of
solicitors previously involved in the Excel Texel Class Action) then the DUAL
REGISTRANT OPT OUT NOTICE applies to you. You should read the notice carefully
as you must take action to choose which Class Action (if any) you wish to
participate in on or before the deadline on 6 AUGUST 2019.
For ALL OTHER group members (i.e.
Quintis Limited shareholders) you should read the STANDARD OPT OUT NOTICE
carefully and take appropriate action on or before the deadline on 6 AUGUST
2019.
If you have any questions about the
OPT OUT NOTICES or the information contained in them, you should contact the
independent barrister appointed by the Court, Mr Caspar Conde, on +61 (02) 9151
2058 or by email to conde@newchambers.com.au.
