Notification of Consolidation/Split
Announcement Summary
For personal use only
Entity name
NEW CENTURY RESOURCES LIMITED
Applicable security for the reorganisation
NCZ | ORDINARY FULLY PAID |
NCZAG | OPTION EXPIRING 04-DEC-2023 EX $0.25 |
NCZAE | PERFORMANCE RIGHTS |
NCZAP | PERFORMANCE RIGHTS FY22 |
NCZAF | RETENTION RIGHT |
NCZAQ | RETENTION RIGHTS FY22 |
NCZAI | OPTION EXPIRING VARIOUS DATES EX VARIOUS PRICES |
NCZAJ | OPTION EXPIRING 17-JUL-2023 EX 25C |
Announcement Type
Update to previous announcement
Date of this announcement
30/11/2021
Reason for the Update
Shareholder approval obtained
Refer to below for full details of the announcement
Notification of Consolidation/Split | 1 / 7 |
Notification of Consolidation/Split
Announcement Details
only | ||||
Part 1 - Entity and announcement details | ||||
1.1 Name of +Entity | ||||
NEW CENTURY RESOURCES LIMITED | ||||
1.2 Registered Number Type | Registration Number | |||
use | ACN | |||
142165080 | ||||
1.3 ASX issuer code | ||||
NCZ | ||||
1.4 The announcement is | ||||
Update/amendment to previous announcement | ||||
personal | 1.4a Reason for update to a previous announcement | |||
Shareholder approval obtained | ||||
1.4b Date of previous announcement(s) to this update | ||||
28/10/2021 | ||||
1.5 Date of this announcement | ||||
30/11/2021 | ||||
1.6 Securities affected by the consolidation or split | ||||
ASX +Security Code | ASX +Security Description | |||
NCZ | ORDINARY FULLY PAID | |||
For | NCZAG | OPTION EXPIRING 04-DEC-2023 EX $0.25 | ||
NCZAE | PERFORMANCE RIGHTS | |||
NCZAP | PERFORMANCE RIGHTS FY22 | |||
NCZAF | RETENTION RIGHT | |||
NCZAQ | RETENTION RIGHTS FY22 |
Notification of Consolidation/Split | 2 / 7 |
Notification of Consolidation/Split
NCZAI | OPTION EXPIRING VARIOUS DATES EX VARIOUS PRICES | ||||||
only | NCZAJ | OPTION EXPIRING 17-JUL-2023 EX 25C | |||||
Part 2 - Approvals | |||||||
2.1 Are any of the below approvals required for the consolidation or split before business day 0 of the timetable? | |||||||
use | 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. | |||||||
Yes | |||||||
2.2 Approvals | |||||||
personal | Approval/Condition | Date for determination | Is the date estimated or | Approval | |||
+Security holder approval | 30/11/2021 | actual? | received/condition met? | ||||
Actual | |||||||
Yes | |||||||
Comments | |||||||
Part 3 - Consolidation or split timetable and details | |||||||
3.1 +Record date | |||||||
6/12/2021 | |||||||
3.2 Date of +security holder meeting | |||||||
For | 30/11/2021 | ||||||
3.2a Effective date of consolidation or split | |||||||
1/12/2021 |
3.3 Last day for trading in the pre consolidation or split +securities 2/12/2021
3.4 Trading in the post consolidation or split +securities commences on a deferred settlement basis. 3/12/2021
Notification of Consolidation/Split | 3 / 7 |
Notification of Consolidation/Split
3.5 Record date
6/12/2021
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.
7/12/2021
only | 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) | |||
13/12/2021 | |||
3.8 Trading starts on a normal T+2 basis | |||
14/12/2021 | |||
use | 3.9 First settlement of trades conducted on a +deferred settlement basis and on a normal T+2 basis | ||
16/12/2021 | |||
Part 4 - Event type and details | |||
personal | 4.1 The event is | ||
+Security consolidation | |||
4.1a Consolidation ratio: the +securities will be consolidated on the basis that every | |||
15 |
(pre-consolidation) +securities will be consolidated into 1
(post-consolidation) +security (/ies).
4.2 Scrip fraction rounding
Fractions rounded up to the next whole number
Part 5 - +Securities on issue before and after consolidation or split
For
5.1 +Securities on issue before and after the consolidation or split | |||
ASX +Security Code | ASX +Security Description | ||
NCZ | ORDINARY FULLY PAID | ||
Quoted/unquoted | Number on issue pre | Number on issue post | Estimate/Actual |
Quoted | consolidation or split | consolidation or split | Estimated |
1,209,928,046 | 80,661,870 |
Notification of Consolidation/Split | 4 / 7 |
For personal use only
Notification of Consolidation/Split
ASX +Security Code | ASX +Security Description | ||
NCZAG | OPTION EXPIRING 04-DEC-2023 EX $0.25 | ||
Quoted/unquoted | Number on issue pre | Number on issue post | Estimate/Actual |
Unquoted | consolidation or split | consolidation or split | Estimated |
10,000,000 | 666,667 | ||
ASX +Security Code | ASX +Security Description | ||
NCZAE | PERFORMANCE RIGHTS | ||
Quoted/unquoted | Number on issue pre | Number on issue post | Estimate/Actual |
Unquoted | consolidation or split | consolidation or split | Estimated |
21,062,273 | 1,404,152 | ||
ASX +Security Code | ASX +Security Description | ||
NCZAP | PERFORMANCE RIGHTS FY22 | ||
Quoted/unquoted | Number on issue pre | Number on issue post | Estimate/Actual |
Unquoted | consolidation or split | consolidation or split | Estimated |
7,309,502 | 487,300 | ||
ASX +Security Code | ASX +Security Description | ||
NCZAF | RETENTION RIGHT | ||
Quoted/unquoted | Number on issue pre | Number on issue post | Estimate/Actual |
Unquoted | consolidation or split | consolidation or split | Estimated |
3,829,322 | 255,288 | ||
ASX +Security Code | ASX +Security Description | ||
NCZAQ | RETENTION RIGHTS FY22 | ||
Quoted/unquoted | Number on issue pre | Number on issue post | Estimate/Actual |
Unquoted | consolidation or split | consolidation or split | Estimated |
3,524,655 | 234,977 | ||
ASX +Security Code | ASX +Security Description | ||
NCZAI | OPTION EXPIRING VARIOUS DATES EX VARIOUS PRICES | ||
Quoted/unquoted | Number on issue pre | Number on issue post | Estimate/Actual |
Unquoted | consolidation or split | consolidation or split | Estimated |
64,250,000 | 4,283,333 | ||
ASX +Security Code | ASX +Security Description | ||
NCZAJ | OPTION EXPIRING 17-JUL-2023 EX 25C | ||
Quoted/unquoted | Number on issue pre | Number on issue post | Estimate/Actual |
Unquoted | consolidation or split | consolidation or split | Estimated |
25,000,000 | 1,666,667 |
5.2 Exercise price of options
Notification of Consolidation/Split | 5 / 7 |
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New Century Resources Limited published this content on 30 November 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 30 November 2021 06:30:05 UTC.