The Takeovers Panel has become aware of an article in the Australian Financial Review that discloses confidential information that may have breached Rules 18 and 19 of the Takeovers Panel Procedural Rules 2020.
The Panel has directed the parties to provide statements in the form of a statutory declaration regarding their use and disclosure of confidential information.
The Panel will not comment further until its investigations have concluded.
Following the announcement, shares of Nitro Software (ASX:NTO) were down 0.45%.