PLENTEX LIMITED Notification of Consolidation/Split
Announcement Summary
Entity name
PLENTEX LIMITED
Applicable security for the reorganisation
PRM | ORDINARY FULLY PAID |
PRMAW | OPTION EXPIRING 30-SEP-2014 EX 25C |
PRMAI | OPTION EXPIRING 30-NOV-2014 EX 30C |
Announcement Type
New Announcement
Date of this announcement
Thursday November 19, 2015
Reorganisation type
Security consolidation
Effective Date
Wednesday December 9, 2015
Record Date
Friday December 11, 2015
Issue Date
Friday December 18, 2015
Refer to below for full details of the announcement
Announcement Details
Part 1 - Entity and announcement details
*Name of +Entity
PLENTEX LIMITED
*Registered Number Type
ABN
13009607676
Registration Number
*ASX issuer code
PRM
*The announcement is
New announcement
*Date of this announcement
Thursday November 19, 2015
*Securities affected by the reorganisation
PRM | ORDINARY FULLY PAID |
PRMAW | OPTION EXPIRING 30-SEP-2014 EX 25C |
PRMAI | OPTION EXPIRING 30-NOV-2014 EX 30C |
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 Monday December 7, 2015 | Is the date estimated or actual? Actual | **Approval received/condition met? [Select...] |
Comments | |||
Part 3 - Reorganisation timetable and details
*+Record date
Friday December 11, 2015
Date of +security holder meeting
Monday December 7, 2015
Last day for trading in the pre-re-organised +securities
Tuesday December 8, 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.
Wednesday December 9, 2015
Record date
Friday December 11, 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
Monday December 14, 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
Friday December 18, 2015
Trading starts on a normal T+3 basis
Monday December 21, 2015
First settlement of trades conducted on a +deferred settlement basis and on a normal T+3 basis
Thursday December 24, 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
2
(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
*+Securities on issue before and after the reorganisation
*ASX +Security Code
PRM
Quoted/unquoted
Quoted
*ASX +Security Code
PRMAW
Quoted/unquoted
Unquoted
*ASX +Security Code
PRMAI
*ASX +Security Description ORDINARY FULLY
PAID
Number on issue before reorganisation 56,058,448
*ASX +Security Description OPTION EXPIRING
30-SEP-2014 EX 25C
Number on issue before reorganisation 460,000
*ASX +Security Description OPTION EXPIRING
30-NOV-2014 EX 30C
Number on issue after reorganisation 28,029,224
Number on issue after reorganisation 230,000
Estimate/Actual
Estimated
Estimate/Actual
Estimated
Quoted/unquoted
Unquoted
Number on issue before reorganisation 6,750,000
Number on issue after reorganisation 3,375,000
Estimate/Actual
Estimated
*Exercise price of options
*ASX +Security Code PRMAW | *ASX +Security Description OPTION EXPIRING 30-SEP-2014 EX 25C | |
Quoted/unquoted Unquoted | Exercise price before reorganisation 0.25000000 | Exercise price after reorganisation 0.50000000 |
*ASX +Security Code PRMAI | *ASX +Security Description OPTION EXPIRING 30-NOV-2014 EX 30C | |
Quoted/unquoted Unquoted | Exercise price before reorganisation 0.30000000 | Exercise price after reorganisation 0.60000000 |
Part 6 - Further information
Further information relating to the reorganisation
This consolidation is being carried out prior to the issue of a Prospectus for the purpose of raising AUD6,000,000 with the objective of complying with Chapters 1 and 2 of the ASX Listing Rules.
Additional information for inclusion in the Announcement Summary
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