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ANZ warns shareholders about unsolicited offers for shares

ANZ today warned its shareholders in relation to unsolicited offers for their ANZ company called Hassle Free Share Sales Pty Ltd (HFSS). 

ANZ has received a request from HFSS for a copy of ANZ’s register of shareholders. is a public document containing shareholders’ details (including the number o the address details of, individual shareholders). ANZ is obliged under the Corporations Act to provide HFSS with these details.

 

HFSS has made previous similar requests of other Australian listed companies, and then has written subsequently to shareholders of those companies making unsolicited offers to purchase their shares at a price clearly below the current market price.

 

The Australian Securities and Investments Commission (ASIC) has advised shareholders to be aware of the pitfalls associated with unsolicited offers to purchase shares, and has provided a ‘safety checklist’ to assist shareholders in assessing such offers (available from www.fido.gov.au). Further details on dealing with unsolicited share purchase offers can also be obtained from ASIC by contacting 1300 300 630.

 

If shareholders receive an offer from HFSS for their shares ANZ they should: 

  • read the offer document carefully;
  • compare the offer price against the market price of ANZ shares; and
  • seek independent financial advice before making any decisions about selling their ANZ shares

 

There is no compulsion for any shareholder to accept such an offer.

 

ANZ’s market share price is published in the business pages of major newspapers and is available from ANZ’s website www anz.com). 

 

If any ANZ shareholder has any questions regarding unsolicited offers, please contact ANZ’s share registrar, Computershare on 1800 11 33 99 or +61 3 9415 4010. 

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