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BRIEF-GWA Says Fixed Remuneration Of Board And Group Executive Will Be Reduced By 20 Percent From 1 April

Published 09/04/2020, 08:56 am
Updated 09/04/2020, 09:00 am
© Reuters.

April 9 (Reuters) - GWA Group Ltd GWA.AX :

* GWA GROUP - FIXED REMUNERATION OF BOARD AND GROUP EXECUTIVE WILL BE REDUCED BY 20 PERCENT FROM 1 APRIL 2020 THROUGH TO 30 JUNE

* GWA GROUP - SECURED AN ADDITIONAL $33 MILLION IN FACILITIES THROUGH MEMBERS OF ITS CURRENT BANKING SYNDICATE

* GWA GROUP - AUSTRALIA BUSINESS CONTINUES TO PERFORM TO EXPECTATIONS WITH TRADING TREND REMAINING IN LINE WITH ANNOUNCEMENT OF 24 MARCH

* GWA GROUP - LOCKDOWNS HAVE RESULTED IN DISRUPTION TO BUSINESSES IN UK AND NEW ZEALAND

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