Good Spirits Hospitality shares halted after loan default

NZX has placed a trading halt on the ordinary shares of Good Spirits Hospitality (GSH).

The halt comes after GSH announced it had defaulted on a term loan.

NZX RegCo said the halt was necessary to allow for further engagement between NZX and GSH regarding the loan default.

The trading halt was put in place before the market opened on January 3.

Market participants were advised to contact NZX Product Operations with any queries.