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Vitura Health Limited (ASX:VIT)
ALERT: Price-sensitive ASX Announcement for VIT
Current share price for VIT : $0.027 -0.009 (-25%)+
Announcement
Release
20 May 2026 9:37AM
Price at Release
$0.036
Full Release
Summary
Vitura Health Limited, a diversified digital health business listed on the ASX, announced legal proceedings initiated by its former CEO, Mr. Geoff Cockerill. The proceedings, filed in the Federal Circuit and Family Court of Australia, relate to the termination of Mr. Cockerill's employment, which concluded in January 2026 with all contractual and statutory entitlements fulfilled. Mr. Cockerill alleges contraventions of the Fair Work Act 2009 by the company. Vitura Health Limited has expressed confidence in the legality and appropriateness of its actions and intends to resolve the proceedings swiftly, maintaining all rights concerning the matter. The company operates several businesses, including Burleigh Heads Cannabis and Doctors on Demand, and has a joint venture for distributing psychedelic products.
Key Points
- Legal proceedings initiated by former CEO Geoff Cockerill against Vitura Health Limited.
- Proceedings relate to the termination of employment and alleged contraventions of the Fair Work Act 2009.
- Vitura Health Limited claims termination was lawful and aligned with shareholder expectations.
- Company seeks expeditious resolution and reserves all rights.
- Vitura operates Canview, a digital healthcare ecosystem, and is involved in medicinal cannabis and psychedelic product distribution.
- Vitura Health Limited listed on ASX under ticker VIT.
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.
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