Notification of Consolidation/Split
Notification of Consolidation/Split
Announcement Summary
Entity name
AVEXA LIMITED
Applicable security for the reorganisation
AVX ORDINARY FULLY PAID
Announcement Type
Update to previous announcement
Date of this announcement
Thursday November 26, 2015
Reason for the Update
Shareholder approval has been obtained
Refer to below for full details of the announcement
Announcement Details
Part 1 - Entity and announcement details
*Name of +Entity
AVEXA LIMITED
*Registered Number Type
ABN
53108150750
Registration Number
*ASX issuer code
AVX
*The announcement is
Update/amendment to previous announcement
1.4a Reason for update to a previous announcement
Shareholder approval has been obtained
b * Date of previous announcement(s) to this update
Thursday October 29, 2015
*Date of this announcement
Thursday November 26, 2015
*Securities affected by the reorganisation
Notification of Consolidation/Split
AVX | ORDINARY FULLY PAID |
Part 2 - Approvals
*Are any of the below approvals required for the reorganisation before business day 0 of the timetable?
Security holder approval Court approval
Lodgement of court order with +ASIC ACCC approval
FIRB approval
Another approval/condition external to the entity required to be given/met before business day 0 of the timetable for the reorganisation.
Yes
Approvals
Approval/Condition +Security holder approval | Date for determination Thursday November 26, 2015 | Is the date estimated or actual? Actual | **Approval received/condition met? Yes |
Comments |
Part 3 - Reorganisation timetable and details
*+Record date
Wednesday December 2, 2015
Date of +security holder meeting
Thursday November 26, 2015
Last day for trading in the pre-re-organised +securities
Friday November 27, 2015
*Effective date. Trading in the re-organised securities commences on a +deferred settlement basis. If the +entity's securities are suspended from trading during this period there will be no
+deferred settlement trading however ASX still captures this date.
Monday November 30, 2015
Record date
Wednesday December 2, 2015
First day for +entity to send notices to +security holders of the change in the number of
+securities they hold. First day for +entity to register +securities on a post-reorganised basis
Thursday December 3, 2015
*+Issue date. +Deferred settlement market ends. Last day for +entity to send notices to
+security holder of the change in the number of +securities they hold. Last day for +entity to register +securities on a post-reorganised basis
Wednesday December 9, 2015
Notification of Consolidation/Split
Trading starts on a normal T+3 basis
Thursday December 10, 2015
First settlement of trades conducted on a +deferred settlement basis and on a normal T+3 basis
Tuesday December 15, 2015
Part 4 - Reorganisation type and details
4.1 *The reorganisation is
+Security consolidation
a *Consolidation ratio: the +securities will be consolidated on the basis that every
20
(pre-consolidation) +securities will be consolidated into
1
(post-consolidation) +security (/ies).
*Scrip fraction rounding
Fractions rounded up to the next whole number
Part 5 - +Securities on issue before and after reorganisation
5.1 *+Securities on issue before and after the reorganisation
*ASX +Security Code AVX | *ASX +Security Description ORDINARY FULLY PAID | ||
Quoted/unquoted Quoted | Number on issue before reorganisation 980,778,925 | Number on issue after reorganisation 49,038,947 | Estimate/Actual Estimated |
Part 6 - Further information
Further information relating to the reorganisation
Additional information for inclusion in the Announcement Summary
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