Northern Star Resources (ASX:NST) said Elliott Associates and Elliott International disclosed their holdings in the company in line with the Australian Takeovers Panel's guidance note 20 on equity derivatives, according to a Monday Australian bourse filing.
The disclosure stated that the Elliott entities hold a cash-settled equity swap position linked to 76.2 million Northern Star shares, with the derivatives entered into from Feb. 12 at reference prices ranging from AU$17.37 to AU$31.66 per share.
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