GATHID LTD (GTH)

The company releases its Appendix 4E and Preliminary Financial Report.

The company lodges its Appendix 4C and Quarterly Activities Report.

The securities of the company have been suspended for more than three months. If an entity does not meet the 1 or 2 year deadlines, it will be removed from the official list. The removal will usually take effect from the open of trading on the first trading day after the deadline date.

The company releases its application for quotation of securities.

The company lodges its quarterly activities report

The company releases its Interim Financial Report & Business Update.

The company lodges its Appendix 4D - Interim Financial Report.

Having regard to the work required to complete the preparation and auditor review of these half year financial statements, the Company expects to be able to release these by close of business on 5th April 2024.

Having regard to the work required to complete the preparation and auditor review of these half year financial statements, the Company expects to be able to release these by close of business on 5th April 2024.

Bloom has provided a completion statement which states that an Adjustment Amount of AU$1,341,845 is owed by Gathid to Bloom. Gathid disputes the calculations in Bloom's Completion Statement on the basis that Bloom's calculations of net debt, net working capital and, subsequently, the Adjustment Amount do not correctly reflect the applicable accounting principles and various other provisions in the Sale Agreement. The Company considers that a correct calculation of the Adjustment Amount results in an amount owing to the Company of over AU$2,000,000. Negotiations between the parties have taken place but no agreement in respect of the Adjustment Amount has been reached. Therefore, in accordance with the provisions of the Sale Agreement, the dispute has been referred to an expert for determination. The expert's determination shall be final and binding, and it is expected that this determination will be made late in the first quarter of 2024. As a result of the complexities arising from this matter, the half-year financial statements have not been able to be completed in a timely manner.

The Company released its Appendix 4C and Quarterly Activities Report on 12 January 2024. Two typographical errors have been identified and have been corrected in the attached. The corrections update the year-to-date column in the Appendix 4C to read 6 month period (from July to December 2023) and not 3 months as previously stated and amend the closing date of the transaction for the sales of the RightCrowd business lines to correctly read 21 September 2023 and not 2013 as stated Quarterly Activities Report.

The company lodges its Appendix 4C and Quarterly Activities Report.

The Company has provided ASX with information that it has requested to assist ASX in considering the Company's compliance with Listing Rules 12.1 and 12.3. During the period of time it takes for the Company to satisfy the ASX of its compliance with Listing Rules 12.1 and 12.3, the trading of Gathid Ltd securities has been suspended. The Board considers that the current and future level of the businesses operations is sufficient to warrant continued quotation of its securities under Listing Rules 12.1 and 12.3 and the Company will continue to provide information sought by the ASX as part of their decision-making process regarding the lifting of the suspension of trading of the Company's securities.

The securities of Gathid Ltd will be suspended from quotation immediately under Listing Rule 17.3, pending GTH's response to ASX's queries regarding GTH's compliance with Listing Rules 12.1 and 12.3. The securities will remain suspended until ASX is satisfied with GTH's compliance with Listing Rules 12.1 and 12.3 and that it is otherwise appropriate for GTH's securities to be reinstated to quotation.

name changed from Rightcrowd Limited