Notification of Consolidation/Split
Announcement Summary
Entity name
FLINDERS MINES LIMITED
Applicable security for the reorganisation
FMS | ORDINARY FULLY PAID |
Announcement Type
Update to previous announcement
Date of this announcement
Friday November 20, 2020
Reason for the Update
Receipt of Shareholder Approval
Refer to below for full details of the announcement
Notification of Consolidation/Split | 1 / 4 |
Notification of Consolidation/Split
Announcement Details
Part 1 - Entity and announcement details
1.1 Name of +Entity
FLINDERS MINES LIMITED
1.2 | Registered Number Type | Registration Number |
ABN | 46091118044 | |
1.3 | ASX issuer code | |
FMS |
1.4 The announcement is
Update/amendment to previous announcement
1.4a Reason for update to a previous announcement
Receipt of Shareholder Approval
1.4b Date of previous announcement(s) to this update
Monday October 19, 2020
1.5 Date of this announcement
Friday November 20, 2020
1.6 Securities affected by the consolidation or split
ASX +Security Code | ASX +Security Description |
FMS | ORDINARY FULLY PAID |
Part 2 - Approvals
Notification of Consolidation/Split | 2 / 4 |
Notification of Consolidation/Split
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.
Yes
2.2 Approvals
Approval/Condition | Date for determination | Is the date estimated or |
+Security holder approval | Friday November 20, 2020 | actual? |
Actual | ||
Approval received/condition met?
Yes
Comments
Part 3 - Consolidation or split timetable and details
3.1 +Record date
Thursday November 26, 2020
3.2 Date of +security holder meeting
Friday November 20, 2020
3.2a Effective date of consolidation or split
Monday November 23, 2020
3.3 Last day for trading in the pre consolidation or split +securities
Tuesday November 24, 2020
3.4 Trading in the post consolidation or split +securities commences on a deferred settlement basis.
Wednesday November 25, 2020
3.5 Record date
Thursday November 26, 2020
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.
Friday November 27, 2020
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)
Tuesday December 1, 2020
3.8 Trading starts on a normal T+2 basis
Wednesday December 2, 2020
Notification of Consolidation/Split | 3 / 4 |
Notification of Consolidation/Split
3.9 First settlement of trades conducted on a +deferred settlement basis and on a normal T+2 basis
Friday December 4, 2020
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
25
(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
5.1 +Securities on issue before and after the consolidation or split | |||
ASX +Security Code | ASX +Security Description | ||
FMS | ORDINARY FULLY PAID | ||
Quoted/unquoted | Number on issue pre | Number on issue post | Estimate/Actual |
Quoted | consolidation or split | consolidation or split | Estimated |
4,221,185,881 | 168,847,436 |
Part 6 - Further information
- Further information relating to the consolidation or split
- Additional information for inclusion in the Announcement Summary
Notification of Consolidation/Split | 4 / 4 |
This is an excerpt of the original content. To continue reading it, access the original document here.
Attachments
- Original document
- Permalink
Disclaimer
Flinders Mines Limited published this content on 20 November 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 20 November 2020 05:20:00 UTC