NZ's Good Spirits rises, co expects upbeat trading as lockdown eases

Good Spirits Hospitality

11/06/2020 02:41

** Shares of investment firm Good Spirits Hospitality
 GSH.NZ  rise as much as 9.2% to NZ$0.107, their highest since
March 19
    ** Co says all venues except DB Newsmarket are now open and
trading without coronavirus-related restrictions (https://bit.ly/2MT0Flz)
    ** Says it expects improved trading conditions under Alert
Level 1 in the country
    ** Adds that negotiating with Pacific Dawn to get relief on
payment of interest due on June 30, and on principal payments
during the period until March 31, 2021
    ** Says DB Newsmarket to reopen on July 1 
    ** Stock posts its biggest intraday pct gain since April 28;
set for a fifth straight session of gains
    ** Stock down 29.5% this year, as of last close

 (Reporting by Sameer Manekar in Bengaluru)
 ((Sameer.Manekar@thomsonreuters.com;))