FINDI LIMITED Notification of Consolidation/Split
Announcement Summary
For personal use only
Entity name
VORTIV LIMITED
Applicable security for the reorganisation
VOR | ORDINARY FULLY PAID |
VORAE | OPTION EXPIRING 02-FEB-2026 EX $0.045 |
VORAF | OPTION EXPIRING 02-FEB-2027 EX $0.045 |
VORAG | OPTION EXPIRING 02-FEB-2028 EX $0.045 |
VORAD | OPTION EXPIRING 17-JAN-2025 EX $0.045 |
VOROB | OPTION EXPIRING 17-JAN-2024 |
Announcement Type | |
New Announcement | |
Date of this announcement | |
20/7/2022 | |
Reorganisation type | |
Security consolidation |
Trading in the post consolidation or split +securities commences on a deferred settlement basis
7/9/2022
Record Date
8/9/2022
Issue Date
15/9/2022
Refer to below for full details of the announcement
Notification of Consolidation/Split | 1 / 6 |
Notification of Consolidation/Split
Announcement Details
only | ||||
Part 1 - Entity and announcement details | ||||
1.1 Name of +Entity | ||||
VORTIV LIMITED | ||||
1.2 Registered Number Type | Registration Number | |||
use | ABN | |||
98057335672 | ||||
1.3 ASX issuer code | ||||
VOR | ||||
1.4 The announcement is | ||||
personal | New announcement | |||
1.5 Date of this announcement | ||||
20/7/2022 | ||||
1.6 Securities affected by the consolidation or split | ||||
ASX +Security Code | ASX +Security Description | |||
VOR | ORDINARY FULLY PAID | |||
VORAE | OPTION EXPIRING 02-FEB-2026 EX $0.045 | |||
For | VORAF | OPTION EXPIRING 02-FEB-2027 EX $0.045 | ||
VORAG | OPTION EXPIRING 02-FEB-2028 EX $0.045 | |||
VORAD | OPTION EXPIRING 17-JAN-2025 EX $0.045 | |||
VOROB | OPTION EXPIRING 17-JAN-2024 |
Notification of Consolidation/Split | 2 / 6 |
Notification of Consolidation/Split
Part 2 - Approvals
2.1 Are any of the below approvals required for the consolidation or split 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 consolidation or split.
only | Yes | ||||||
2.2 | Approvals | ||||||
use | Approval/Condition | Date for determination | Is the date estimated or | Approval | |||
+Security holder approval | 22/8/2022 | actual? | received/condition met? | ||||
Actual | |||||||
Comments | |||||||
Approval to be sought at 2022 AGM (resolution 7) | |||||||
personal | |||||||
Part 3 - Consolidation or split timetable and details | |||||||
3.1 | +Record date | ||||||
8/9/2022 | |||||||
3.2 | Date of +security holder meeting | ||||||
22/8/2022 | |||||||
3.2a Effective date of consolidation or split | |||||||
5/9/2022 | |||||||
3.3 | Last day for trading in the pre consolidation or split +securities | ||||||
6/9/2022 | |||||||
3.4 | Trading in the post consolidation or split +securities commences on a deferred settlement basis. | ||||||
For | 7/9/2022 | ||||||
3.5 | Record date | ||||||
8/9/2022 |
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.
9/9/2022
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)
15/9/2022
Notification of Consolidation/Split | 3 / 6 |
Notification of Consolidation/Split
3.8 Trading starts on a normal T+2 basis
16/9/2022
3.9 First settlement of trades conducted on a +deferred settlement basis and on a normal T+2 basis
20/9/2022
only | ||||
Part 4 - Event type and details | ||||
4.1 The event is | ||||
+Security consolidation | ||||
4.1a Consolidation ratio: the +securities will be consolidated on the basis that every | ||||
use | 20 | |||
(pre-consolidation) +securities will be consolidated into | ||||
1 | ||||
(post-consolidation) +security (/ies). | ||||
personal | 4.2 Scrip fraction rounding | |||
Fractions rounded up to the next whole number | ||||
Part 5 - +Securities on issue before and after consolidation or split | ||||
5.1 +Securities on issue before and after the consolidation or split | ||||
ASX +Security Code | ASX +Security Description | |||
VOR | ORDINARY FULLY PAID | |||
Quoted/unquoted | Number on issue pre | Number on issue post | ||
Quoted | consolidation or split | consolidation or split | ||
505,168,603 | 25,258,430 | |||
For | ASX +Security Code | ASX +Security Description | ||
VORAE | OPTION EXPIRING 02-FEB-2026 EX $0.045 | |||
Quoted/unquoted | Number on issue pre | Number on issue post | ||
Unquoted | consolidation or split | consolidation or split | ||
19,999,998 | 1,000,000 | |||
ASX +Security Code | ASX +Security Description | |||
VORAF | OPTION EXPIRING 02-FEB-2027 EX $0.045 | |||
Quoted/unquoted | Number on issue pre | Number on issue post | ||
Unquoted | consolidation or split | consolidation or split | ||
20,000,001 | 1,000,000 |
Estimate/Actual
Actual
Estimate/Actual
Actual
Estimate/Actual
Actual
Notification of Consolidation/Split | 4 / 6 |
Notification of Consolidation/Split
use only
ASX +Security Code | ASX +Security Description | ||
VORAG | OPTION EXPIRING 02-FEB-2028 EX $0.045 | ||
Quoted/unquoted | Number on issue pre | Number on issue post | Estimate/Actual |
Unquoted | consolidation or split | consolidation or split | Actual |
20,000,001 | 1,000,000 | ||
ASX +Security Code | ASX +Security Description | ||
VORAD | OPTION EXPIRING 17-JAN-2025 EX $0.045 | ||
Quoted/unquoted | Number on issue pre | Number on issue post | Estimate/Actual |
Unquoted | consolidation or split | consolidation or split | Actual |
10,000,000 | 500,000 | ||
ASX +Security Code | ASX +Security Description | ||
VOROB | OPTION EXPIRING 17-JAN-2024 | ||
Quoted/unquoted | Number on issue pre | Number on issue post | Estimate/Actual |
Quoted | consolidation or split | consolidation or split | Actual |
364,644,240 | 18,232,212 | ||
5.2 Exercise price of options | |||
ASX +Security Code | ASX +Security Description | ||
VORAE | OPTION EXPIRING 02-FEB-2026 EX $0.045 | ||
Quoted/unquoted | Exercise price pre consolidation or Exercise price post consolidation or | ||
Unquoted | split | split | |
For personal
ASX +Security Code
VORAF
Quoted/unquoted
Unquoted
ASX +Security Code
VORAG
Quoted/unquoted
Unquoted
ASX +Security Code
VORAD
Quoted/unquoted
Unquoted
0.045000000.90000000
ASX +Security Description
OPTION EXPIRING 02-FEB-2027 EX $0.045
Exercise price pre consolidation or | Exercise price post consolidation or |
split | split |
0.04500000 | 0.90000000 |
ASX +Security Description
OPTION EXPIRING 02-FEB-2028 EX $0.045
Exercise price pre consolidation or | Exercise price post consolidation or |
split | split |
0.04500000 | 0.90000000 |
ASX +Security Description
OPTION EXPIRING 17-JAN-2025 EX $0.045
Exercise price pre consolidation or | Exercise price post consolidation or |
split | split |
0.04500000 | 0.90000000 |
Notification of Consolidation/Split | 5 / 6 |
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Disclaimer
Vortiv Limited published this content on 20 July 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 20 July 2022 08:43:04 UTC.
