Brief: Openpay Group Says Partners Of Mcgrathnicol Appointed Joint And Several Receivers And Managers

Openpay

05/02/2023 22:06

Feb 6 (Reuters) - Openpay Group Ltd  OPY.AX :
    * PARTNERS OF MCGRATHNICOL WERE APPOINTED JOINT AND SEVERAL
RECEIVERS AND MANAGERS OF OPENPAY
    * RECEIVERS AND MANAGERS ARE NOW IN CONTROL OF ASSETS,
OPERATIONS
AND TRADING ACTIVITIES OF CO
    * RECEIVERS AND MANAGERS TO WORK CLOSELY WITH CO'S
EMPLOYEES,
MERCHANTS AND CUSTOMERS TO DETERMINE APPROPRIATE STRATEGY FOR
BUSINESS
    * AT THIS TIME, CUSTOMERS WILL NO LONGER BE ABLE TO USE
OPENPAY
PLATFORM FOR NEW PURCHASES
    * CUSTOMERS ARE STILL REQUIRED TO PAY ANY OUTSTANDING
BALANCES IN
ACCORDANCE WITH THEIR EXISTING AGREEMENTS
    * EXPECTED THAT SHARES IN CO WILL CONTINUE TO BE SUSPENDED
UNTIL
FURTHER NOTICE

Source text for Eikon:  ID:nASX74Bn07 
Further company coverage:  OPY.AX