Announcement • Aug 01
Design Milk Co Limited Announces Board Changes Design Milk Co Limited announced the appointment of Mr. David Willington as a Non-Executive Director effective immediately. Mr. Willington is a Portfolio Manager and Managing Partner at Bombora Group. Mr. Willington has over 25 years' experience in corporate finance and investment banking and during his career has primarily advised companies in the technology, media and telecommunications industries. Previously, David was a Senior Partner at Deloitte Corporate Finance and prior to that was an investment banker with NM Rothschild and Citi. David is the Chairman of ezyCollect Holdings Limited. David has a Bachelor of Commerce, is a member of the Institute of Chartered Accountants in Australia and is a Fellow of the Financial Services Institute of Australia. Date of appointment is July 31, 2024. The Company announced that Mr. Andrew John Whitten tendered his resignation as Non-Executive Director due to other commitments. The Board has accepted his resignation and Mr. Whitten will step down from the board effectively immediately. Date of cessation is July 31, 2024. Announcement • Oct 30
Design Milk Co Limited, Annual General Meeting, Nov 30, 2023 Design Milk Co Limited, Annual General Meeting, Nov 30, 2023, at 10:00 AUS Eastern Standard Time. Location: Suite 3, 2 New McLean Street, Edgecliff NSW 2027 Edgecliff New South Wales Australia Agenda: To consider adoption of remuneration report; to consider Election of Andrew Whitten as Director; and to consider other business matters. Announcement • Jun 26
Design Milk Holdings, LLC completed the acquisition of All Assets of online business from Design Milk Co Limited (ASX:DMC). Design Milk Holdings, LLC executed a conditional agreement to acquire All Assets of online business from Design Milk Co Limited (ASX:DMC) for $0.35 million on April 20, 2023. If Shareholders approve the Proposed Sale and it subsequently completes, the Company intends to use the funds from the sale to explore other opportunities and for general working capital. To this end, the Company is pleased to advise that it is in advanced discussions with a high growth technology company for a potential acquisition of that business. The agreement includes customary warranties given by the parties for a transaction of this type. Completion will be subject to Shareholders of the Company approving the Proposed Sale and subject to the parties’ respective representations and warranties set out in the agreement remaining true and correct at completion, the parties having not materially breached of any of their material obligations under the agreement and the parties delivering all documents as required under the agreement. The parties have agreed that completion of the sale and purchase in accordance with the terms of the agreement shall take place on the date that is within five (5) business days of the date on which the ASX Condition is satisfied.
Design Milk Holdings, LLC completed the acquisition of All Assets of online business from Design Milk Co Limited (ASX:DMC) on June 26, 2023. As on May 29, 2023, Design Milk Co Limited shareholders approved the deal. 
