COLLECTION HOUSE LIMITED(CLH)

The company lodges its Appendix 4C - quarterly.

The company provides an update. The group has traded in line with expectations for the quarter generating net operating cash flow of $21.2 million, up slightly on the previous quarter. The company repaid $14.6 million of the senior secured facility during the quarter, resulting in total repayment of senior debt of $17.4 million since the commencement of the standstill arrangement. CLH is continuing to progress its comprehensive recapitalisation process with the support of its senior lenders and professional advisers. Progress was made, with the company assisting a small number of preferred counterparties with their financial and operational diligence procedures. CLH is currently in the process of negotiating appropriate changes to the standstill arrangements which cease on 30 October 2020. The company has determined that it cannot release its audited 30 June 2020 financial reports until the refinancing transaction is sufficiently advanced so that the impact on the value of its assets at 30 June 2020 and the existing loan facilities with senior lenders can be reliably determined. THe company intends to rely upon the relief granted by ASIC and ASX's class waiver decision to send to shareholders its 30 June 2020 annual report and ny concise report. The company also intends to rely on the no action position for AGM's provided for by ASIC. The company intends to hold its AGM on 22 January 2021.

The company is in advanced discussions with a small number of potential investors to refinance the company's existing senior debt facility. The existing senior lenders have agreed to an extension of the standstill period to 30 October 2020 to afford the company the appropriate time to finalise these negotiations. The company intends to rely upon ASIC Relief to extend the lodgement date for its audited annual accounts and the other documents required to be lodged with ASIC. The company intends to lodge its final audited 30 June 2020 financial report on 30 October 2020. The company believes that the continued suspension of its shares from trading is appropriate, pending announcement of a refinancing transaction and finalisation of the company's financial reports for the year ended 30 June 2020.

The Company has elected to report unaudited preliminary financial results for the year ended 30 June 2020, with final audited results expected to be reported by 30 September 2020 in accordance with ASX requirements. The unaudited preliminary accounting loss for the year ended 30 June 2020 is $44.3 million.

The company lodges an CLH - Appendix 4E.

The company lodges its 30 June 2020 Quarterly Update.

The company lodges its Appendix 4C - quarterly.

S&P Dow Jones Indices Announces June 2020 Quarterly Rebalance of the S&P/ASX Indices. All Ordinaries "“ Effective at the Open on June 22, 2020 - removal - Collection House Limited.

The company releases a Company Update Presentation June 2020.

The company releases an Appendix 4D.

The company has now completed its strategic review and is implementing a comprehensive change programme driven by a desire to respond to the changing operating environment, the outcomes of the Financial Services Royal Commission, and through listening to feedback from clients and external stakeholders. The company is also able to release its 31 December 2019 interim financial report. The company has undertaken a review of the carrying value of the PDL assets. The company has taken a $89.9 million write-down before tax to the accounting value of the PDL book to capture the net present value impact of the adjusted cash collection profile. As for the COVID-19 impacts, the group quickly and efficiently transitioned to remote working arrangements for all of its people with negligible disruption to client service requirements or engagement with cusomers. All customer contact channels have remained open. CLH is continuing to undertake a comprehensive recapitalisation process. CLH currently expects that the voluntary suspension of trading will remain in place until at least 30 September 2020.

CLH is undertaking a comprehensive recapitalisation process with the support and assistance of its lenders and professional advisers. CLH is continuing to review the carrying value of its PDL assets in light of the operational changes, currently under consideration as part of that operational strategy review. CLH continues to work with its auditor to finalise CLH's financial statements for the half year to 31 December 2019 taking into account the impact of the operational changes.

The company has today entered into a standstill agreement with its lenders, Commonwealth Bank of Australia and Westpac Banking Corporation.

CLH has engaged Flagstaff Partners Pty Ltd to act as its advisors in respect of discussions with its lenders and alternative capital providers. CLH continues to consider a range of alternative funding arrangements with a number of credible domestic and international counterparties. CLH is continuing to review the carrying value of its PDL assets in light of the operational changes currently under consideration as part of the operational strategy review. CLH continues to assess, with its auditor, the impact of the above on CLH's financial statements for the half year to 31 December 2019 and CLH's FY20 guidance. CLH is continuing discussions with its lenders in relation to its lending arrangements. CLH requests that the suspension continue until the commencement of trading on 20 April 2020 or until the release of an announcement regarding all of the matters referred to above, whichever is the earlier.

The company issues a response to ASX Query Letter.

The securities of Collection House Limited will be suspended from quotation immediately under Listing Rule 17.2, at the request of CLH, pending the release of an announcement regarding review of its operating model and senior lending arrangements.

shares reinstated to quotation following release of the six month's results to 31 December 2005

shares suspended from quotation pending quantification of a number of factors impacting on the six month's results to 31 December 2005 (results are going to be materially different from the previous corresponding period)