IMF 0.28% $3.60 imf bentham limited

News: IMF IMF Bentham updates on ANZ Bank fees case

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    July 27 (Reuters) - IMF Bentham Ltd (IMF) :

    • Anz bank fees case - judgment (IMF)
    • Refers to its previous announcement of 26 July 2016 in the matter of paciocco v anz banking corporation
    • The appeal has been dismissed
    • IMF is in the process of considering the judgment and its implications
    • Says high court has delivered its judgment in the appeal by the class action representative
    • estimates impairment value & adverse cost provisioning for both cases would reduce its npat for fy16 by no more than $9.5 mln
 
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