ASX Release
Subject: Bonitas update
6 September 2019
On 6 August 2019, Bonitas Research LLC (Bonitas) selectively released a document about the financial position of the Rural Funds Group (ASX: RFF) (Document). Rural Funds Management Limited (RFM), as responsible entity for the Rural Funds Group (ASX: RFF), released a response on 7 August 2019 rejecting claims made in the Document (RFM Response).
On 27 August 2019, RFM released a report by Ernst & Young, following their independent investigation into the allegations made by Bonitas. That report concluded that the assertions contained within the Document are not substantiated. Further, EY have corroborated the RFM Response.
For further information please download the attached PDF:
Download this document