Notification of Consolidation/Split
Notification of Consolidation/Split
Announcement Summary
Entity name
METMINCO LIMITED
Applicable security for the reorganisation
MNC ORDINARY FULLY PAID
Announcement Type
New Announcement
Date of this announcement
Monday December 19, 2016
Reorganisation type
Security consolidation
Effective Date
Thursday December 22, 2016
Record Date
Friday December 23, 2016
Issue Date
Wednesday January 4, 2017
Refer to below for full details of the announcement
Announcement Details
Part 1 - Entity and announcement details
*Name of +Entity
METMINCO LIMITED
*Registered Number Type
ABN
43119759349
Registration Number
*ASX issuer code
MNC
*The announcement is
New announcement
*Date of this announcement
Monday December 19, 2016
*Securities affected by the reorganisation
Notification of Consolidation/Split
MNC | 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 Tuesday December 20, 2016 | Is the date estimated or actual? Actual | **Approval received/condition met? [Select...] |
Comments |
Part 3 - Reorganisation timetable and details
*+Record date
Friday December 23, 2016
Date of +security holder meeting
Tuesday December 20, 2016
Last day for trading in the pre-re-organised +securities
Wednesday December 21, 2016
*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.
Thursday December 22, 2016
Record date
Friday December 23, 2016
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
Wednesday December 28, 2016
*+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 January 4, 2017
Notification of Consolidation/Split
Trading starts on a normal T+2 basis
Thursday January 5, 2017
First settlement of trades conducted on a +deferred settlement basis and on a normal T+2 basis
Monday January 9, 2017
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
50
(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 MNC | *ASX +Security Description ORDINARY FULLY PAID | ||
Quoted/unquoted Quoted | Number on issue before reorganisation 4,408,418,626 | Number on issue after reorganisation 90,278,373 | Estimate/Actual Estimated |
Part 6 - Further information
Further information relating to the reorganisation
Due to a technical glitch the ASX online consolidation form is not correctly reporting the number of Metminco shares on issue as at the date of this announcement. The number of fully paid ordinary shares on issue prior to consolidation is 4,513,918,626 not 4,408,418,626 as reported in 5.1 of this form.
Additional information for inclusion in the Announcement Summary
Metminco Limited published this content on 19 December 2016 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 19 December 2016 06:38:05 UTC.
Original documenthttp://www.metminco.com.au/irm/PDF/2220_0/ConsolidationSplitMNC
Public permalinkhttp://www.publicnow.com/view/254060BF9EB2CAA1326FD0C0B02390815CF26442