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Cardno Ltd (CDD.AX)

CDD.AX on Australia Stock Exchange

1.32AUD
24 Apr 2017
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Latest Key Developments (Source: Significant Developments)

Cardno announces resignation of CEO
Sunday, 28 Aug 2016 07:28pm EDT 

Cardno Ltd : Cardno announces resignation of CEO . Resignation of its former chief executive officer, Richard Wankmuller .Says Wankmuller will have no ongoing role with Cardno Limited.  Full Article

Cardno anticipates recording an after tax, non-cash impairment charge in its results
Sunday, 22 May 2016 09:04pm EDT 

Cardno Ltd : Anticipates recording an after tax, non-cash impairment charge of approximately A$137 mln in its results for the year ending 30 June 2016. . This impairment charge is after the implementation of a change in accounting policy .  Full Article

Cardno says Peter Barker appointed CFO
Tuesday, 19 Jan 2016 05:38pm EST 

Cardno:Cardno appoints new CFO.Says Peter Barker appointed CFO.  Full Article

Cardno to reject the Crescent offer
Monday, 12 Oct 2015 06:19pm EDT 

Cardno:Says release of its Target's Statement in response to Crescent Capital's (Crescent) unsolicited Proportional Takeover Offer to acquire one out of every two Cardno Shares for $3.15 each.Cardno directors reaffirm their earlier recommendation to shareholders to REJECT the Crescent Offer and to take no action in relation to documentation sent by Crescent.Says Offer may impact on Cardno's financing.Says Offer significantly undervalues Cardno, does not provide an adequate premium for control of Cardno, and is assessed as neither fair nor reasonable by the Independent Expert.Says Cardno is taking action to improve its recent performance and increase shareholder value whereas Crescent's intentions are not sufficiently clear.  Full Article

Cardno says recommend that Cardno shareholders reject Crescent's offer
Thursday, 17 Sep 2015 01:25am EDT 

Cardno:Cardno Board currently intends to recommend that Cardno shareholders REJECT Crescent's Offe.Says on 14 September 2015, Cardno Limited received notice that Crescent Capital Investments Pty Limited intends to make an unsolicited proportional off-market takeover offer to acquire 1 out of every 2 shares held by Cardno shareholders (other than Crescent) at A$3.15 per share.Crescent and its associates currently have voting power in relation to 19.62% of Cardno's share.Non-Crescent shareholders will be minority shareholders and Crescent will have obtained control without having to acquire all of your shares.Shareholders are advised to TAKE NO ACTION in relation to the Offer or any document received from Crescent until they receive the Directors’ formal recommendation.  Full Article

Cardno says Graham Yerbury resigned as chief financial officer
Tuesday, 28 Jul 2015 08:30pm EDT 

Cardno Ltd:Chief financial officer resignation.Graham Yerbury, has resigned from his position to take up the role as CFO.Says search process has commenced to appoint a new CFO.  Full Article

Cardno Ltd appoints chief executive officer
Tuesday, 26 May 2015 11:45pm EDT 

Cardno Ltd:Appoints Richard Wankmuller as Chief Executive Officer and Managing Director, commencing June 29.  Full Article

Cardno Ltd gives FY 2015 NPAT guidance
Tuesday, 19 May 2015 07:38pm EDT 

Cardno Ltd:Expects to report operating net profit after tax (NPAT) of between $48 million and $51 million for FY 2015.  Full Article

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