Litigation Update
Open PDF
| Stock | Benjamin Hornigold Ltd (BHD.ASX) |
|---|---|
| Release Time | 20 Jul 2026, 8:23 a.m. |
| Price Sensitive | Yes |
This feature provides summaries of price-sensitive announcements for companies followed by users on InvestorPA.
The summaries are generated by large language models so please interpret with care.
Benjamin Hornigold Ltd Settles Litigation for $1.8M
Key Points
- Settled litigation for $1.8M including GST
- Settlement involves a former director
- No further funds expected from current proceedings
- Board to consider capital management options
Full Summary
Benjamin Hornigold Ltd, ASX:BHD, announced the settlement of claims against a former director for $1,800,000, including GST. The company does not anticipate further funds from ongoing court proceedings. The board will review capital management options once legal expenses are settled.
Outlook
The board will consider capital management options after settlement proceeds are received and legal expenses are accounted for.
Sign in to get more information about the company, including guidance changes and other insights.
Sign In