Security Matters Limited, in the matter of Security Matters Limited (No 2) [2023] FCA 40

FEDERAL COURT OF AUSTRALIA

Security Matters Limited, in the matter of Security Matters Limited (No 2) [2023] FCA 40 File number(s): VID 777 of 2022

Judgment of: O'BRYAN J

Date of judgment: 27 January 2023

Date of publication of reasons: 1 February 2023

Catchwords: CORPORATIONS – schemes of arrangement – share scheme and option scheme – supplementary disclosure to shareholders and optionholders – method of notification –postponement of the date for the scheme meetings

Legislation: Corporations Act 2001 (Cth ), s 9, Div 2 Part 1.2AA, ss 105A, 110D, 110E, 110F, 249J, 249R, 411, 412, 600G, 1319

Cases cited: Re Amcom Telecommunications Ltd (No 2) [2015] FCA 410 Re Amcom Telecommunications Ltd (No 3) [2015] FCA 596 Re Associated Advisory Practices Ltd (No 2) [2013] FCA 979 Re Aurora Oil & Gas Ltd [2014] FCA 612 Re Bulong Nickel Pty Ltd (2002) 26 WAR 466 Re Centro Retail Ltd and Centro MCS Manager Ltd in its capacity as responsible entity of Centro Retail Trust [2011] NSWSC 1321 Re Felix Resources Pty Ltd (No 2) [2009] FCA 1337 Re Firefly Resources Ltd [2021] WASC 376 Re Lend Lease Primelife Ltd, Re Lend Lease Village Responsible Entity Ltd [2009] NSWSC 1340 Re MB Group plc [1989] BCLC 672 Re Nexus Energy Ltd [2014] FCA 558 Re NRMA Ltd [2000] NSWSC 82; 33 ACSR 595 Re Piedmont Lithium Ltd; Ex parte Piedmont Lithium Ltd (No 2) [2021] WASC 106 Re Prime Media Group Ltd [2019] NSWSC 1888 Re ResApp Health Ltd [2022] NSWSC 1014 Re Tawana Resources NL (No 2) [2018] FCA 1724 Re Trust Company Ltd [2013] NSWSC 1946 Security Matters Limited, in the matter of Security Matters Limited [2023] FCA 19