Brief: Ovato Ltd Appoints Voluntary Administrators

Ovanti

21/07/2022 02:48

July 21 (Reuters) - Ovato Ltd  OVT.AX :
    * OVATO LTD - APPOINTED CHRIS HILL, ROSS BLAKELEY, AND BEN
CAMPBELL OF FTI CONSULTING AS VOLUNTARY ADMINISTRATORS TO
COMPANY, EFFECTIVE IMMEDIATELY
    * OVATO LTD -ADMINISTRATORS INTEND TO TRADE COMPANY ON A
BUSINESS-AS-USUAL BASIS
    * OVATO - ADMINISTRATORS INTEND TO CONDUCT INDEPENDENT
ASSESSMENT
OF FINANCIAL POSITION AND ONGOING VIABILITY OF BUSINESS
    * OVATO LTD - TRADING IN CO'S SHARES ON ASX WILL REMAIN
SUSPENDED
DURING ADMINISTRATION PERIOD

Source text for Eikon:  ID:nASX4pZvkP 
Further company coverage:  OVT.AX 

 ((Reuters.Briefs@thomsonreuters.com;))