Newcrest refers to its 23 December 2013 announcement which noted correspondence from Slater & Gordon Lawyers that it had been instructed to commence a representative proceeding against Newcrest. Slater & Gordon Lawyers has now commenced a representative proceeding in the Federal Court of Australia against Newcrest in relation to Newcrest’s market disclosure prior to Newcrest’s 7 June 2013 market release.
The proceeding is brought on behalf of persons who acquired Newcrest shares between 13 August 2012 and 6 June 2013.
The proceeding raises issues beyond the subject matter of the ASIC settlement referred to in Newcrest’s 28 June 2014 announcement. Newcrest intends to vigorously defend the proceedings.
For further information, please contact:
T: + 61 3 9522 5493
T: +61 3 9522 5593