SW1 swift networks group limited
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March 27 (Reuters) - Swift Media Ltd (SW1) : SWIFT MEDIA LTD-...

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    27/03/20
    17:35
    Post #: 43739272

    March 27 (Reuters) - Swift Media Ltd (SW1) :

    • SWIFT MEDIA LTD- TO IMPLEMENT 40% REDUCTION TO REMUNERATION FOR BOARD, MANAGEMENT AND STAFF
    • SWIFT MEDIA LTD - IMPLEMENTING COST SAVING MEASURES IN RESPONSE TO COVID-19 OUTBREAK IMPACT
    • SWIFT MEDIA - COST SAVING MEASURES EXPECTED TO GENERATE AROUND $8M OF TOTAL ANNUALISED SAVINGS FROM REDUNDANCIES
    • SWIFT MEDIA LTD- TEMPORARY RESTRICTIONS TO SITE ACCESS WILL IMPACT REVENUES IN Q4 FY20
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