This is to notify all Participants that Hills Limited  (Joint Administrators Appointed) (the “Company”) has advised ASX Settlement Pty Ltd (ASX Settlement) (ABN 49 008 504 532) of the appointment of Joint Administrators on 05 June 2023. Financial Products of the Company have been suspended from official quotation on ASX Limited since 25 May 2023 under Listing Rule 17.2, at the request of HIL, pending the release of an announcement regarding the outcome of ongoing settlement negotiations.

What do I need to do by when?

Suspension from CHESS approval took effect on 05 June 2023.

Pursuant to ASX Settlement Operating Rules 8.4.1(a) and 8.4.1(d), ASX Settlement has suspended the above listed class of the Issuer’s approved Financial Products following the appointment of receivers and managers until further notice.

Participants are advised that, as a result of the Company’s suspension of approval in respect of the above listed class of the Issuer’s approved Financial Products, CHESS will not process Messages affecting Holder registration details. In addition transfer and/or Conversion Messages will not be processed, unless the administrator gives written consent or a Court order authorises the transfer of the securities.

Need more information?

Issued by

Darren Tay, Equity Operations                              

Contact information

Equity Operations
1800 814 051
chesshelp@asx.com.au

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