RELEASE TO AUSTRALIAN SECURITIES EXCHANGE (“ASX”)
THURSDAY, 20 FEBRUARY 2014
FORGE GROUP LIMITED (RECEIVERS AND MANAGERS
APPOINTED) (ADMINISTRATORS APPOINTED) (“FORGE”)
1. The Board of Directors of Bentham IMF Limited (“IMF”) announces that IMF proposes to fund
claims of certain Forge shareholders against Forge and/or its directors and officers.
2. The claims relate to alleged misleading and deceptive conduct and alleged breaches by Forge
of its continuous disclosure obligations in connection with the West Angelas and Diamantina
Power Station, projects of its wholly owned subsidiary Forge Group Power Pty Ltd (previously
known as CTEC Pty Ltd).
3. Shareholders who purchased shares in Forge after 1 January 2013 and who held some or all of
those securities at any time between 4 November 2013 and 11 February 2014 (although this
period may ultimately be shortened or extended) may be eligible to participate in the claim,
which IMF will fund subject to the terms of the funding documentation, including a level of
participation acceptable to IMF.
4. IMF will make a further announcement to the market upon commencement of legal
proceedings, or if a decision is made not to proceed.
5. Further information is available by
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