Key Developments: Paperlinx Ltd (PPXLF.PK)

PPXLF.PK on OTC Markets Group - US Other OTC and Grey Market

2 Aug 2013
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$-0.00 (-5.66%)
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Latest Key Developments (Source: Significant Developments)

Paperlinx Ltd does not declare final dividend
7:14pm EDT 

Paperlinx Ltd:Says that no final dividend has been declared for reporting period ended June 30, 2014.  Full Article

Paperlinx Ltd's subsidiary Spicers acquires shares in Total Supply Limited
Sunday, 31 Aug 2014 09:00pm EDT 

Paperlinx Ltd:Says that PaperlinX (N.Z.) Ltd, (Spicers), a subsidiary of PaperlinX Limited, acquired 100 pct. of the shares in Total Supply Limited (Total), a sign industry supplier in New Zealand.The acquisition will be fully funded from existing local facilities and is expected to be earnings accretive in the first year with 20 pct. return on capital.Says the purchase price which includes working capital is about NZ$5 million.  Full Article

Paperlinx announces issue of fully paid ordinary shares
Wednesday, 5 Mar 2014 11:00pm EST 

Paperlinx Ltd:Issues 21,516,250 fully-paid ordinary shares.Shares issued as consideration for 86,065 step-up preference securities in PaperlinX SPS Trust.  Full Article

PaperlinX Ltd's board of directors issue shares through private placement
Sunday, 23 Feb 2014 07:22pm EST 

PaperlinX Ltd:Issues 4,584,500 ordinary shares through private placement.  Full Article

Paperlinx Ltd variation of takeover bid for PaperlinX SPS Trust
Tuesday, 21 Jan 2014 05:57pm EST 

Paperlinx Ltd:Says it has extended the offer period for PaperlinX SPS Trust under its offer from Jan. 19 2014 to Feb. 28 (unless further extended).Says despite certain media reports overnight, PaperlinX has not made any decision about whether the offer will be extended beyond Feb. 28, or whether it will close at that time.Says PaperlinX reserves its rights to extend the offer further.  Full Article

takeovers panel rejects Paperlinx Ltd off-market takeover offer proceedings
Friday, 17 Jan 2014 01:09am EST 

Paperlinx Ltd:Says it notes the decision of the takeovers panel to reject an application by Coastal Capital International, Ltd to conduct proceedings in connection to the off-market takeover offer announced by PaperlinX on Oct 18, 2013 for all of the PaperlinX Step-Up Securities in the PaperlinX SPS Trust.  Full Article

Paperlinx Ltd launches off market takeover offer for PaperlinX SPS Trust units
Thursday, 5 Dec 2013 01:51am EST 

Paperlinx Ltd and PaperlinX SPS Trust:Says Paperlinx Ltd is offering to buy all of the PaperlinX SPS Trust units.Says Paperlinx's offer is 250 Paperlinx shares for every PaperlinX SPS Trust unit.  Full Article

Paperlinx Ltd announces competition law complaint in Germany against Sappi Europe Sa
Tuesday, 3 Dec 2013 05:21pm EST 

Paperlinx Ltd:Says that it has lodged a complaint against paper manufacturer and supplier Sappi Europe SA with the Bundeskartellamt (BKA), the German Federal Cartel Office, in respect of alleged ongoing infringements of European Union (EU) and German competition law.Says the complaint was lodged by PaperlinX together with its German subsidiary, Deutsche Papier Vertriebs GmbH.Says the complaint submitted by PaperlinX to the BKA on Dec. 3 sets out the allegation that Sappi is in breach of Article 101(1) of the Treaty on the Functioning of the European Union and sections 1, 20 (1) and 19 (1) (2) no. 1 of the German Act against Restraints of Competition.Says indent sales involve supplies of paper directly from Sappi to PaperlinX's customer's specified place of delivery, but in respect of which PaperlinX bears all commercial risk with its customer.Says Sappi varies the prices and/or delivery terms that it offers to PaperlinX according to the identity of the customer to be served by PaperlinX for indent sales.  Full Article

Paperlinx Ltd Announces Holding Interest Of Communications Power Incorporated (Aust) Pty Ltd
Sunday, 17 Nov 2013 06:27pm EST 

Paperlinx Ltd announced that Communications Power Incorporated (Aust) Pty Ltd has an interest in 55,500,000 shares of the Company, representing 9.11% of the total voting power. Previously, Communications Power Incorporated (Aust) Pty Ltd had an interest in 30,500,000 shares of the Company, representing 5.01% of the total voting power.  Full Article

Paperlinx Ltd Does Not Pay Final Dividend
Sunday, 22 Sep 2013 07:14pm EDT 

Paperlinx Ltd announced that there was no dividend paid on the ordinary shares for the year ended June 30, 2013.  Full Article

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