Ann: Appendix 4E and Financial Report Year Ended June 30 2020, page-2

It could be worse. Overall a good result as Olivers has breathing space....Tim Callan makes some good points.

Tim Callan –PURE Asset management commented: “PURE are excited by the opportunity to partner with Oliver’s. While COVID-19 has been challenging for all businesses, Oliver’s can exit the pandemic in a stronger position. With overseas travel curtailed for some time, PURE believe the Oliver’s store network is well positioned to benefit from increased domestic and regional travel. Further to this, the EG partnership provides a capital-light opportunity to successfully develop an urban footprint"