June 11 (Reuters) - Wellard Ltd WLD.AX :
* UPDATES ON DEBT RESTRUCTURE
* STANDSTILL PERIOD AGREED WITH ITS NOTEHOLDERS IN RESPECT OF CERTAIN DEFAULTS EXISTING UNDER ITS NOTES ENDED ON 7 JUNE 2019
* AS STANDSTILL PERIOD ENDED NOTEHOLDERS ENTITLED TO DEMAND IMMEDIATE REPAYMENT OF OUTSTANDING NOTES; CURRENT OUTSTANDING AMOUNT $15.5 MILLION