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BRIEF-IMF Bentham Says Federal Court Approved Deed Of Settlement In Relation To Sirtex Class Action

Published 26/08/2019, 11:43 am
© Reuters.  BRIEF-IMF Bentham Says Federal Court Approved Deed Of Settlement In Relation To Sirtex Class Action

Aug 26 (Reuters) - IMF Bentham Ltd IMF.AX :

* ANNOUNCES THAT FEDERAL COURT OF AUSTRALIA APPROVED DEED OF SETTLEMENT ON FRIDAY IN RELATION TO SIRTEX CLASS ACTION

* CONFIRMS THAT EXPECTED LEVEL OF INCOME GENERATION HAS INCREASED TO ABOUT $11.3 MILLION FOLLOWING CLOSING OF SIRTEX CLASS ACTION

* CONFIRMS THAT EXPECTED LEVEL OF INCOME GENERATION CONSTITUTES AN APPROXIMATE PROFIT BEFORE TAX AND AFTER CAPITALISED OVERHEADS OF $6.6 MILLION

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