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Barramundi Group

Legal Proceedings Report Sep 19, 2023

8174_rns_2023-09-19_9d9685d1-b88f-404b-8d0f-5cebb71077b0.html

Legal Proceedings Report

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Barramundi Group: Update on Process in Australia

Barramundi Group: Update on Process in Australia

Singapore, 19 Sept 2023. Reference is made to the stock exchange notice dated 24 May 2023 regarding the voluntary administration of the Australian operations organised in Marine Produce Australia Pty Ltd (“MPA”), and the stock exchange notice dated 1 Aug 2023 on the disposal of MPA's subsidiaries.

Notice is hereby given that following the administration process and sale of MPA’s subsidiaries to Tassal Group Limited, MPA, the holding company, has been placed under Creditors' Voluntary Liquidation. Rob Kirman and Rob Brauer of McGrathNicol were appointed to act as Joint and Several Liquidators of MPA.

For media and investor inquiries, please contact:

James Kwan

Chief Executive Officer

Barramundi Group

Tel: +65 6261 0010

Email: [email protected]

Vanessa Tan

Chief Financial Officer

Barramundi Group

Tel: +65 6261 0010

Email: [email protected]

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