https://www.nzx.com/announcements/421155
7/11/2023, 8:30 am CORPACT
Auckland, 7 November 2023: Good Spirits Hospitality Limited advised on 1 November 2023 that the Company will keep the market updated as to its post completion activities, including its intention to make a distribution. The Notice of Meeting provided an indicative timetable of a Record Date 8 November 2023 and proposed Payment Date of 5 December 2023.
Under the NZX Listing Rules, the Company is required to give at least five business days’ notice of the Record Date and, pursuant to s125 of the Companies Act 1993, the Record Date is not to be more than 20 business days before the Payment Date.
The Company will provide the Record Date when it becomes certain that criteria for making the proposed distribution are met: the outcome of the Binding Ruling sought (as described in the Notice of Meeting); and meeting the solvency test per the Companies Act 1993.
https://www.nzx.com/announcements/424292
Subject: Good Spirits Hospitality Limited (“GSH”) — Trading Halt of Securities
Message:
NZ RegCo advises that, further to the announcement by Good Spirits Hospitality Limited (“GSH”) at 8.30am this morning, it has placed a trading halt on GSH ordinary shares to enable NZ RegCo to further engage with GSH regarding the default of the term loan.
The trading halt was placed pre-market open today, Wednesday, 3 January 2024.
https://www.nzx.com/announcements/424234
3/1/2024, 8:30 am GENERAL
1 January 2023:
TERM LOAN FACILITY EXPIRY
Good Spirits Hospitality Limited (NZX: GSH) advises that the term loan has expired on 31 Dec 2023 and all outstanding amounts totaling $19.250m are now due and owing. GSH is now in default on the term loan. For further context refer to the meeting materials relating to the NZX announcement dated 26 October 2023.
B*mmer - Did the plans for the Going Away Party get out of hand and no-one will get anything now ?
Are there some Bad Spirits present for this to happen
Good People * Good Times * Good Spirits
hope all enjoyed the memorable experiences
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