Notification of Consolidation/SplitAnnouncement Summary
Entity name
For personal use only
WESTSTAR INDUSTRIAL LIMITED
Applicable security for the reorganisation
WSI
WSIAA
WSIAI
WSIAK
WSIAJ
Announcement Type New Announcement
Date of this announcement 6/4/2022
Reorganisation type Security consolidationORDINARY FULLY PAIDOPTION EXPIRING 29-NOV-2022 EX 4CPERFORMANCE RIGHTSOPTION EXPIRING 10-JUL-2023 EX $0.03
OPTION EXPIRING 18-MAY-2023 EX $0.03
Trading in the post consolidation or split +securities commences on a deferred settlement basis 19/5/2022
Record Date 20/5/2022
Issue Date 27/5/2022
Refer to below for full details of the announcement
Notification of Consolidation/Split
1 / 6
Notification of Consolidation/SplitAnnouncement Details
For personal use only
ASX +Security Code | ASX +Security Description |
WSI | ORDINARY FULLY PAID |
WSIAA | OPTION EXPIRING 29-NOV-2022 EX 4C |
WSIAI | PERFORMANCE RIGHTS |
WSIAK | OPTION EXPIRING 10-JUL-2023 EX $0.03 |
WSIAJ | OPTION EXPIRING 18-MAY-2023 EX $0.03 |
Part 2 - Approvals |
Part 1 - Entity and announcement details
1.1 Name of +Entity
WESTSTAR INDUSTRIAL LIMITED
1.2 Registered Number Type
ACN
1.3 ASX issuer code
WSI
1.4 The announcement isNew announcement
1.5 Date of this announcement 6/4/2022
1.6 Securities affected by the consolidation or splitRegistration Number 119047693
2.1 Are any of the below approvals required for the consolidation or split before business day 0 of the timetable?Security holder approval
Notification of Consolidation/Split
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Notification of Consolidation/Split
Security holder approvalCourt approval
Lodgement of court order with +ASICACCC approval
FIRB approval
Another approval/condition external to the entity required to be given/met before business day 0 of the timetable for the consolidation or split.
For personal use only
Yes
2.2 Approvals
Approval/Condition +Security holder approval
Date for determination 10/5/2022
Is the date estimated or actual?
Approval received/condition met?
Actual
Comments
Part 3 - Consolidation or split timetable and details
3.1 +Record date 20/5/2022
3.2 Date of +security holder meeting
10/5/2022
3.2a Effective date of consolidation or split
17/5/2022
3.3 Last day for trading in the pre consolidation or split +securities 18/5/2022
3.4 Trading in the post consolidation or split +securities commences on a deferred settlement basis. 19/5/2022
3.5 Record date 20/5/2022
3.6 First day for entity to update its register and to send holding statements to +security holders reflecting the change in the number of +securities they hold.
23/5/2022
3.7 Last day for entity to update its register and send holding statements to +security holders reflecting the change in the number of +securities they hold and to notify ASX that this has occurred. (+Issue Date)
27/5/2022
3.8 Trading starts on a normal T+2 basis 30/5/2022
Notification of Consolidation/Split
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Notification of Consolidation/Split
3.9 First settlement of trades conducted on a +deferred settlement basis and on a normal T+2 basis 1/6/2022
Part 4 - Event type and details
For personal use only
4.1 The event is+Security consolidation
4.1a Consolidation ratio: the +securities will be consolidated on the basis that every 10
(pre-consolidation) +securities will be consolidated into 1
(post-consolidation) +security (/ies).
4.2 Scrip fraction rounding
Fractions rounded up to the next whole numberPart 5 - +Securities on issue before and after consolidation or split
5.1 +Securities on issue before and after the consolidation or splitASX +Security Code WSI
Quoted/unquotedQuoted
ASX +Security Code WSIAA
Quoted/unquotedUnquoted
ASX +Security Code WSIAI
Quoted/unquotedUnquoted
ASX +Security Description ORDINARY FULLY PAID
Number on issue pre consolidation or split 1,127,650,462
ASX +Security Description
Number on issue post consolidation or split 112,765,046
OPTION EXPIRING 29-NOV-2022 EX 4C
Number on issue pre consolidation or split 30,000,000
ASX +Security Description PERFORMANCE RIGHTS
Number on issue pre consolidation or split 60,000,000
Number on issue post consolidation or split 3,000,000
Number on issue post consolidation or split 6,000,000
Estimate/ActualEstimatedEstimate/ActualActualEstimate/ActualActual
Notification of Consolidation/Split
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Notification of Consolidation/Split
ASX +Security Code WSIAK
ASX +Security Description
OPTION EXPIRING 10-JUL-2023 EX $0.03
Quoted/unquotedUnquoted
For personal use only
ASX +Security Code WSIAJ
Quoted/unquotedUnquoted
5.2 Exercise price of options
ASX +Security Code
WSIAA
Quoted/unquotedUnquoted
ASX +Security Code WSIAI
Quoted/unquotedUnquoted
ASX +Security Code WSIAK
Quoted/unquotedUnquoted
ASX +Security Code WSIAJ
Quoted/unquotedUnquoted
Part 6 - Further information
Number on issue pre consolidation or split 30,000,000
ASX +Security Description
Number on issue post consolidation or split 3,000,000
OPTION EXPIRING 18-MAY-2023 EX $0.03
Number on issue pre consolidation or split 76,086,946
ASX +Security Description
Number on issue post consolidation or split 7,608,695
OPTION EXPIRING 29-NOV-2022 EX 4C
Exercise price pre consolidation or split 0.04000000
ASX +Security Description PERFORMANCE RIGHTS
Exercise price pre consolidation or split 0.00000000
ASX +Security Description
OPTION EXPIRING 10-JUL-2023 EX $0.03
Exercise price pre consolidation or | Exercise price post consolidation or |
split | split |
0.03000000 | 0.30000000 |
ASX +Security Description |
OPTION EXPIRING 18-MAY-2023 EX $0.03
Exercise price pre consolidation or | Exercise price post consolidation or |
split | split |
0.03000000 | 0.30000000 |
6.1 Further information relating to the consolidation or splitEstimate/ActualActualEstimate/ActualEstimatedExercise price post consolidation or split 0.40000000
Exercise price post consolidation or split 0.00000000
Notification of Consolidation/Split
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Weststar Industrial Limited published this content on 06 April 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 06 April 2022 08:21:09 UTC.