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Update on St Laurence Receivership
Update on St Laurence Receivership
Perpetual Trust is aware of comments made by Mr Podmore, Managing Director of St Laurence Ltd, today concerning the receivership of St Laurence.
Perpetual Trust will not enter into a public debate with Mr Podmore around this matter. In our statement yesterday we provided an explanation for the receivership. As trustees we have been appointed to act in the interests of investors and we believe receivership best serves those interests.
We are reassured by Mr Podmore’s statement that St Laurence will cooperate with the receivers.
ENDS
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