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- Optima Technology Group (OPA) and its subsidiary, Optima Technology Group (Operations), enter voluntary administration
- The company’s directors appointed Glen Kanevsky and Jason Tracy from Deloitte Financial Advisory as joint and several administrators
- The directors believe voluntary administration would have the best outcome for the company
- Those impacted by the decision are set to be contacted directly by the administrators
- Shares last traded at 1.5 cents
Optima Technology Group (OPA) and its subsidiary, Optima Technology Group (Operations), have entered voluntary administration.
The company’s directors appointed Glen Kanevsky and Jason Tracy from Deloitte Financial Advisory as joint and several administrators.
Optima’s directors announced that appointing voluntary administrators was the best way to accelerate a recapitalisation or sale of the company.
However, UK and US subsidiaries are not captured by the appointment of the administration.
OPA last traded at 1.5 cents.
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