G8 Education Class Action Settlement

What Happened

G8 Education Limited faced a class action alleging the company failed to properly disclose information about its financial performance and engaged in misleading conduct between May 2017 and February 2018. The company was accused of providing overly optimistic earnings forecasts and not disclosing material information that affected its share price.

Who May Be Eligible

You may be eligible if you: - Purchased G8 Education Limited shares between 23 May 2017 and 23 February 2018 (inclusive) - Registered your claim before 26 March 2024 - Were otherwise deemed to be a registered group member by Court order

How Much Could You Receive

The total settlement amount is $46.5 million. Individual compensation amounts will vary depending on factors such as when you purchased shares, how many shares you owned, and your individual losses. Only registered group members who met the deadline are eligible to receive compensation from the settlement fund.

How to Claim

Note: The registration deadline has passed (26 March 2024).

For registered group members: 1. Check your email for an invitation to the secure settlement portal 2. Log into the portal using the details provided 3. Review information about your individual entitlement to compensation 4. Follow the instructions provided through the portal system

Important Dates

• Registration deadline: 26 March 2024 (closed)
• Settlement approval: 28 August 2024 (completed)
• Distribution expected: Late 2024