On March 13, 2024, Southern Cross Media Group Limited announced that it has received a letter from Spheria Asset Management Pty Ltd, which is the investment manager for investors holding a beneficial interest in ordinary shares representing more than 5% of the votes that may be cast at a meeting of the Company. The letter states that Citicorp Nominees Pty Ltd holds the above shares as bare trustee and is accompanied by a notice from Citicorp Nominees under section 203D of the Corporations Act stating Citicorp Nominees? intention to be removed Robert Murray and appoint any other person as director of the Company between the date of the section 203D notice and the date of a general meeting of the Company be removed as a director of the Company, with immediate effect.