Wynyard Group and subsidiary placed into liquidation

Creditors have placed failed crime-fighting software company Wynyard Group into liquidation, the company announced today. 

KordaMentha partners Grant Graham and Neale Jackson, who were running the voluntary administration, of Wynyard have been appointed liquidators of the company and subsidiary Wynyard (NZ) Limited. The liquidators will provide further reports to creditors as required under the Companies Act and noted the act prohibits any transfer of shares in Wynyard without the approval of the court.

Christchurch-based Wynyard went into voluntary administration in October last year after failing to secure emergency funds to keep it going from UK lender Skipton Building Society.

It listed on the NZX in 2013, with investors paying $1.15 a share. The stock closed as high as $3.12 in March 2014 but shares were worth just 21.5 cents when the company eventually went under.

BusinessDesk.co.nz

Comments from our readers

No comments yet

Add your comment:

Your name:
Your email:	Not displayed to the public
Comment:
Comments to Sharechat go through an approval process. Comments which are defamatory, abusive or in some way deemed inappropriate will not be approved. It is allowable to use some form of non-de-plume for your name, however we recommend real email addresses are used. Comments from free email addresses such as Gmail, Yahoo, Hotmail, etc may not be approved.

Anti-spam verification:

Type the text you see in the image into the field below. You are asked to do this in order to verify that this enquiry is not being performed by an automated process.

Related News:

VHP - Managed Investment Scheme 2026 Annual Report
PYS - Annual Meeting and Director Nominations
SCT - Scott Expects Record FY26 as 2030 Strategy Gains Momentum
PGW - Positive PGW Results in Improving Markets
TEM - Board appointment
VGL - Vista congratulates James Miller on FMA Chair appointment
RYM - Director resignation and committee chair appointment
MFB - Chair Succession
CNU - Update on constitutional ownership restrictions
CEN - Contact, CDC partner to explore data centre development