April 27 (Reuters) - PAS Group Ltd PGR.AX :
* PURSUING RESTRUCTURING OPTIONS AND APPOINTED A TEAM OF ADVISORS TO ASSIST
* LIKELY RESTRUCTURE WILL INVOLVE FURTHER REDUCTION IN NUMBER OF RETAIL STORES & A SIGNIFICANTLY REDUCED FIXED COST BASE
* EACH DIRECTOR OF BOARD HAS AGREED TO FORGO 50% OF DIRECTORS' FEES FOR 1 APRIL 2020 TO 30 JUNE 2020