Second shareholder class action
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Media/ASX and NZX Release
5 May 2023
Second shareholder class action
Further to the announcement on 3 April 2023, a second class action has been filed against Downer
EDI Limited (Downer) in the Supreme Court of Victoria. The action has been commenced on
behalf of persons who acquired an interest in Downer shares during the period 23 July 2019 to
24 February 2023.
The statement of claim relates to a maintenance contract in its Australian Utilities business and its
impact on Downer’s financial performance and its earnings guidance on 17 August 2022 and
8 December 2022. It makes similar allegations and covers similar subject matter to the claim
announced on 3 April 2023.
Downer intends to defend the proceedings.
Authorised for release by Downer’s Chief Executive Officer, Peter Tompkins.
About Downer
Downer is the leading provider of integrated services in Australia and New Zealand and customers are at the
heart of everything it does. It exists to create and sustain the modern environment and its promise is to work
closely with its customers to help them succeed, using world-leading insights and solutions to design, build
and sustain assets, infrastructure and facilities. For more information visit downergroup.com.
For further information please contact:
Media: Mitchell Dale, Group Manager Corporate Affairs +61 448 362 198
Investors: Adam Halmarick, Group Head of Investor Relations +61 413 437 487
Downer EDI Limited
ABN 97 003 872 848
Triniti Business Campus
39 Delhi Road
North Ryde NSW 2113
1800 DOWNER
www.downergroup.com
Data sourced from publicly available filings. Our datasets may not be complete. Automated analysis can produce errors. If you believe any data on this page is incorrect, please contact us at hello@nzxplorer.co.nz. For informational purposes only. Not investment advice.