Mcpherson's Advises ASIC Commenced Civil Penalty Proceedings

McPherson's Ltd MMCP:

• ADVISES ASIC HAS COMMENCED CIVIL PENALTY PROCEEDINGS AGAINST CO'S AND ITS FORMER DIRECTOR/CHIEF EXECUTIVE OFFICER

• CONSIDERING MATTERS RAISED BY ASIC IN ITS STATEMENT

• DOES NOT INTEND TO PROVIDE FURTHER COMMENT GIVEN MATTER IS NOW BEFORE COURT