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Administrators Appointed to Sky and Space Global Limited

Messrs Richard Albarran, Cameron Shaw and Richard Lawrence of Hall Chadwick Chartered Accountants were appointed as Joint and Several Voluntary Administrators of the Company pursuant to Section 436A of the Corporations Act 2001 on Monday, 6 April 2020.

Voluntary Administration is a procedure under the Corporations Act which is intended to maximise the chances of a company or as much as possible of its business continuing in existence.

The Voluntary Administrators are undertaking a preliminary review and assessment of the Company’s operations with a view to determining the extent to which the Company can be recapitalised.

An initial meeting of the Company’s creditors is to be held within eight (8) business days of the date of appointment.

Further announcements will be made to the ASX by the Voluntary Administrators in the future.