MMA Offshore Limited (ASX:MMA), a provider of marine services to the offshore energy sector, has lodged a cleansing notice with the ASX confirming the company has complied with the continuous disclosure obligations required following the issuance of securities without a disclosure document.
Key Points
- MMA Offshore lodged a cleansing notice pursuant to section 708A(5)(e) of the Corporations Act 2001 (Cth).
- The notice relates to the issuance of securities by MMA Offshore Limited.
- The cleansing notice confirms the company is not aware of any excluded information as defined under the Corporations Act.
- The filing states that MMA Offshore has complied with the continuous disclosure requirements of the ASX Listing Rules.
Cleansing Notice and Corporations Act Compliance
MMA Offshore Limited filed the cleansing notice in accordance with section 708A(5)(e) of the Corporations Act 2001 (Cth). This provision applies when a company issues securities without a formal disclosure document and is required to lodge a notice confirming the company has met its continuous disclosure obligations. According to the filing, MMA Offshore confirmed that, as at the date of the notice, the company had complied with the continuous disclosure provisions of the ASX Listing Rules and was not aware of any excluded information as defined under section 708A(7) of the Corporations Act.
Securities Issuance by MMA Offshore
The cleansing notice was issued in connection with MMA Offshore's issuance of securities. The filing does not specify the number of securities issued, the price per security, or the purpose of the issuance. MMA Offshore operates in the marine services sector, providing vessels and integrated services to the offshore oil, gas, and energy industries. The company's compliance disclosure confirms the securities issued are eligible to be traded on the ASX without the company needing to provide a full prospectus or other formal disclosure document to recipients of those securities.
Excluded Information Statement
Under section 708A(7) of the Corporations Act 2001 (Cth), excluded information is defined as information that has not been disclosed to the market under the continuous disclosure provisions of the ASX Listing Rules and would, if disclosed, be reasonably expected to have a material effect on the price or value of the securities. The filing states that MMA Offshore is not aware of any such excluded information as at the date of the cleansing notice, satisfying the conditions required for the notice to take effect under the relevant legislative provisions of the Corporations Act.



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