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Solid Energy Administrators supports Board's proposal to adopt a Deed of Company Arrangement

The Administrators of Solid Energy New Zealand Limited and its subsidiaries have issued their report to the Solid Energy Group's 1500 creditors today. The report, which provides a high‐level analysis of the company’s position and considers the final version of the Solid Energy Board’s proposal, supports the Solid Energy Group entering into a Deed of Company Arrangement (DOCA) with its creditors.