QPM Energy Limited Suspended from Quotation
Key points
- Immediate suspension of QPM Energy Limited securities
- Appointment of voluntary administrators
- Breach of Listing Rule 12.2
- Suspension continues until compliance with Listing Rules is ensured
Full summary
On 7 July 2026, ASX announced the immediate suspension of QPM Energy Limited's securities from quotation under Listing Rule 17.3. This decision follows the announcement of the appointment of voluntary administrators, which indicates that QPM's financial condition is inadequate to support continued quotation, breaching Listing Rule 12.2. The suspension will remain in effect until ASX is confident that QPM meets the necessary compliance standards and it is appropriate to reinstate the securities.
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