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BRIEF-Afterpay Touch Says Provided AUSTRAC With Details Of 3 Candidates For Conducting External Audit

Published 26/06/2019, 10:23 am
© Reuters.  BRIEF-Afterpay Touch Says Provided AUSTRAC With Details Of 3 Candidates For Conducting External Audit
APT
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June 26 (Reuters) - Afterpay Touch Group Ltd APT.AX :

* PROVIDED AUSTRAC WITH DETAILS OF THREE CANDIDATES FOR CONDUCTING EXTERNAL AUDIT IN LINE WITH AUSTRAC NOTICE.

* CO-FOUNDERS ANTHONY EISEN AND NICK MOLNAR REMAIN FULLY COMMITTED TO BUSINESS

* NOTWITHSTANDING ESTABLISHMENT OF BOARD SUB-COMMITTEE, AFTERPAY BOARD WILL RETAIN ULTIMATE OVERSIGHT OF CO'S AML/CTF COMPLIANCE

* CO-FOUNDERS ANTHONY EISEN AND NICK MOLNAR DO NOT INTEND TO SELL ANY FURTHER SHARES DURING NEXT FY

* ESTABLISHED SUB-COMMITTEE CHARGED WITH ASSISTING & REPORTING TO BOARD IN RELATION TO OVERSIGHT, MANAGEMENT OF EXTERNAL AUDIT PROCESS

* AFTER AUSTRAC NOTICE, BOARD DETERMINED IT WOULD BE IN INTERESTS OF SHAREHOLDERS TO DEFER SPP UNTIL FINAL AUDIT REPORT & RECOMMENDATIONS

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