Ardent Leisure
(ASX:AAD) is recommended shareholder take no action in relation to Ariadne Australia’s
(ASX:ARA) request as it does not reflect the company’s views.
Ariadne’s requested to have four of its members (representatives) appointed to the owner of Dreamworld’s board, and for recently appointed Ardent directors to be removed.
Ardent says Ariadne’s communication contained ‘factual inaccuracies’ and ‘misleading statements’ and it included vague plans to ‘create potential uplift in value’.
The company is urging shareholders NOT to vote using the pre-filled proxy card sent by Ariadne and to wait for the board’s detail response, so shareholders can make a fully informed decision.
Shares in Ardent Leisure
(ASX:AAD) are trading 0.23 per cent lower to $2.14.
