Ardent Leisure Group (ASX:ALG) prosecution in relation to the 2016 Dreamworld tragedy

Company News

by Rachael Jones

Ardent Leisure Group (ASX:ALG) acknowledges that the Queensland Work Health and Safety Prosecutor has today filed in the Brisbane Magistrates Court three charges against Ardent’s subsidiary company, Ardent Leisure Limited (the operator of Dreamworld), arising from the Thunder River Rapids Ride tragedy in 2016.

They report that there has been considerable change at Dreamworld over the last few years as was acknowledged by the Coroner in his Report.

Dreamworld has taken substantive and proactive steps to improve safety across the entire park and continues to enhance existing systems and practices, as well as adopt new ones, as we develop and implement our safety case in accordance with the Queensland Government’s new major amusement park safety regulations.

All three charges are Category 2 charges pursuant to section 32 of the Work Health and Safety Act 2011 (Qld) and each charge carries a maximum penalty of $1.5 million.

Shares in Ardent Leisure Group (ASX:ALG) are trading 2.24 per cent lower at 33 cents.

Rachael Jones

Finance News Network
Rachael comes to FNN after working for Fairfax Media covering international breaking news, including the global economy and politics. She joined FNN in February 2018. She has reported on Australia’s finance news for various organisations since 2000 and has also interviewed a number of key business players, including Bill Gates. Rachael has also worked across a number of countries, including the UK and the US.