Appointment of Voluntary Administrators

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Stock Site Group International Ltd (SIT.ASX)
Release Time 6 Mar 2025, 9:56 a.m.
Price Sensitive Yes
 Site Group International Ltd Enters Voluntary Administration
Key Points
  • Company has entered Voluntary Administration
  • Adam Peter Kersey and David Michael Stimpson of SV Partners appointed as Joint and Several Administrators
  • Administrators undertaking assessment of company's business operations and financial affairs
Full Summary

Site Group International Limited (ASX:SIT, 'Site' or 'the Company') has advised that the Company has entered Voluntary Administration with the appointment of Adam Peter Kersey and David Michael Stimpson of SV Partners (the Administrators) as Joint and Several Administrators of Site Group International Limited and a number of subsidiaries pursuant to a resolution of the Company's directors effective 5 March 2025. The Administrators are undertaking an assessment of the Company's business operations and financial affairs. During the Voluntary Administration period, all listed securities will remain suspended. Shareholders have been advised to refer to the information sheet on insolvency for shareholders provided by ASIC.