Skin Elements Limited Applies to Panel
Key points
- Skin Elements Limited applied to the Panel regarding an alleged association
- Application concerns undisclosed voting power exceeding 20%
- Seeks disclosure and potential adjournment of upcoming EGMs
- Application submitted ahead of board spill meetings
Full summary
Skin Elements Limited has submitted an application to the Takeovers Panel concerning an alleged association involving undisclosed voting power exceeding 20% by certain investors. The company claims that these investors, including 62 Capital and Placement Investors, have not disclosed their combined voting power, which could affect upcoming board spill meetings. Skin Elements seeks interim orders for disclosure and, if necessary, an adjournment of the extraordinary general meetings scheduled for June 2026. The Panel has not yet appointed a sitting Panel or made any decisions on the application.
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