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Helping GNS contact investor newsagents

Here is an important note for newsagents from GNS CEO Alex Stewart.

Good morning Mark,

I was hoping you could provide some details of this on the Blog and to NewXpress members.

We are about to send a letter out to a significant number of Newsagents based on the current details we have for them. These are Newsagents who have accrued Levies with GNS that have for whatever reason, not claimed these amounts when they sold their businesses and individually ceased trading with GNS. We would like to publish an open communication that includes names of Newsagents as in most instances the contact details we have on file are no longer current, or are the business contact details for the subsequent owners of the business.

The reason I am appealing here is that if we cannot locate the owners of these amounts we will need to lodge these funds with the Office of State Revenue and I fear they will never get returned to their rightful owners. I’d much rather send these funds to the original source. It may be possible that some current readers of your blog would know the whereabouts of past Newsagents. One of our directors was able to recognise at least half a dozen and has started to reach out and let them know they have funds available.

Regards
Alex

Alex Stewart | Chief Executive Officer
GNS Wholesale Stationers

If you know someone who may have an interest in this, please have them contact GNS.

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Newsagency management

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