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Dicker Data Limited (ASX:DDR)

ALERT: Price-sensitive ASX Announcement for DDR
Current share price for DDR : $11.630 1.5 (14.81%)+
Announcement
Release
13 Oct 2025 11:29AM
Price at Release
$10.130
Full Release
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Summary
In response to an ASX query, Dicker Data Limited (DDR) addressed concerns regarding the suspension of its Chairman and Chief Executive Officer, Mr. Dicker, in April 2025 following a board meeting. The suspension was aimed at facilitating an investigation into a whistleblower complaint about Mr. Dicker's conduct. DDR maintained that the suspension did not require public disclosure under ASX Listing Rules as it was not expected to impact the company's securities. No changes occurred in DDR's senior management or board as a result of this action. The company asserted adherence to its continuous disclosure obligations and confirmed that its responses were appropriately authorized.
Key Points
  • DDR was questioned by ASX regarding the suspension of Mr. Dicker in April 2025.
  • The suspension was related to a confidential whistleblower complaint.
  • DDR did not believe the suspension would materially affect its securities' value.
  • There was no change in senior management or the board due to the suspension.
  • DDR confirmed compliance with Listing Rules 3.1 and 3.16.1.
  • The information was confidential and legally privileged during the investigation.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.