June 2 (Reuters) - Collection House Ltd (CLH) : COLLECTION...

June 2 (Reuters) - Collection House Ltd (CLH) :

• COLLECTION HOUSE- COMPLETED STRATEGIC REVIEW
• COLLECTION HOUSE- REVIEW HAS RESULTED IN SIGNIFICANTLY REDUCED LITIGATION ACTION ACROSS GROUP, PARTICULARLY IN RESPECT OF PURCHASED DEBTS
• COLLECTION HOUSE-GROUP AGREED WITH LENDERS PROGRAMME TO RECAPITALISE GROUP OVER COMING SIX MONTHS
• COLLECTION HOUSE- OBSERVED WEAKER CASH COLLECTIONS ON A YEAR ON YEAR BASIS SINCE MARCH
• COLLECTION HOUSE LTD-HY UNDERLYING PROFIT AFTER TAX $15.6 MILLION VERSUS $8.5 MILLION IN H119
• COLLECTION HOUSE- CEASED BANKRUPTCY PROCEEDINGS ON ACCOUNTS UNLESS EXCEPTIONAL CIRCUMSTANCES EXIST AND BOARD LEVEL SIGN-OFF IS OBTAINED
• COLLECTION HOUSE- CURRENTLY EXPECTS VOLUNTARY SUSPENSION OF TRADING WILL REMAIN IN PLACE UNTIL AT LEAST 30 SEPT