Brief: East 33 Ltd Announces Resignation Of John Maher As Chairman

East 33

26/04/2022 02:57

April 26 (Reuters) - East 33 Ltd  E33.AX :
    * HAS UNDERTAKEN A STRATEGIC REVIEW
    * ANNOUNCES RESIGNATION OF JOHN MAHER AS CHAIRMAN
    * HEAVY RAINS AMONG OTHERS HAVE NEGATIVELY IMPACTED OUTLOOK
FOR
FY22 AND INVENTORY POSITION
    * NOW ANTICIPATED THAT EAST 33 MAY HAVE APPROXIMATELY ONLY
12
MILLION HARVESTABLE OYSTERS AVAILABLE FOR SALE IN FY23
    * JAMES GARTON WILL STEP IN AS ACTING CHAIRMAN
    * EAST 33'S PLAN TO GROW TO 20M OYSTER PRODUCTION OVER
MULTI-YEAR
PERIOD WILL BE SLOWED
    * NOW ANTICIPATED ONLY 12 MILLION HARVESTABLE OYSTERS
AVAILABLE
FOR SALE IN FY23

Source text for Eikon:  ID:nASX7yQvDX 
Further company coverage:  E33.AX 

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