Develop Global : Consolidation/Split - DVP

Notification of Consolidation/Split

Announcement Summary

For personal use only

Entity name

DEVELOP GLOBAL LIMITED

Applicable security for the reorganisation

DVP	ORDINARY FULLY PAID
DVPAY	OPTION EXPIRING 22-JUN-2024 EX $0.15
DVPAZ	OPTION EXPIRING 22-JUN-2023 EX $0.135
DVPAW	OPTION EXPIRING 18-JUL-2023 EX $0.135
DVPAV	PERFORMANCE RIGHTS
DVPAAC	OPTION EXPIRING 01-OCT-2024 EX $1.00
DVPAAB	OPTION EXPIRING 17-JUN-2025 EX $0.15
DVPAAA	OPTION EXPIRING 17-JUN-2024 EX $0.15
Announcement Type
New Announcement
Date of this announcement
24/11/2021
Reorganisation type
Security consolidation

Trading in the post consolidation or split +securities commences on a deferred settlement basis

30/11/2021

Record Date

1/12/2021

Issue Date

8/12/2021

Notification of Consolidation/Split

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Notification of Consolidation/Split

Refer to below for full details of the announcement

For personal use only

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Notification of Consolidation/Split

Announcement Details

only
	Part 1 - Entity and announcement details
		1.1 Name of +Entity
		DEVELOP GLOBAL LIMITED
		1.2 Registered Number Type		Registration Number
use	ABN
	28122180205
1.3 ASX issuer code
		DVP
		1.4 The announcement is
personal	New announcement
1.5 Date of this announcement
		24/11/2021
		1.6 Securities affected by the consolidation or split
		ASX +Security Code	ASX +Security Description
		DVP	ORDINARY FULLY PAID
		DVPAY	OPTION EXPIRING 22-JUN-2024 EX $0.15
For	DVPAZ	OPTION EXPIRING 22-JUN-2023 EX $0.135
DVPAW	OPTION EXPIRING 18-JUL-2023 EX $0.135
		DVPAV	PERFORMANCE RIGHTS
		DVPAAC	OPTION EXPIRING 01-OCT-2024 EX $1.00
		DVPAAB	OPTION EXPIRING 17-JUN-2025 EX $0.15

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Notification of Consolidation/Split

DVPAAA

OPTION EXPIRING 17-JUN-2024 EX $0.15

	Part 2 - Approvals
only	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
use	timetable for the consolidation or split.
Yes
2.2 Approvals
		Approval/Condition	Date for determination	Is the date estimated or	Approval
		+Security holder approval	26/11/2021		actual?	received/condition met?
			Actual
personal	Comments
	Part 3 - Consolidation or split timetable and details
		3.1 +Record date
		1/12/2021
		3.2 Date of +security holder meeting
		26/11/2021
		3.2a Effective date of consolidation or split
		26/11/2021
For	3.3 Last day for trading in the pre consolidation or split +securities
29/11/2021
3.4 Trading in the post consolidation or split +securities commences on a deferred settlement basis.
30/11/2021
3.5 Record date
		1/12/2021

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.

2/12/2021

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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)

		8/12/2021
		3.8 Trading starts on a normal T+2 basis
only	9/12/2021
3.9 First settlement of trades conducted on a +deferred settlement basis and on a normal T+2 basis
		13/12/2021
	Part 4 - Event type and details
use	4.1 The event is
		+Security consolidation
		4.1a Consolidation ratio: the +securities will be consolidated on the basis that every
		5
		(pre-consolidation) +securities will be consolidated into
personal	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
		DVP	ORDINARY FULLY PAID
For	Quoted/unquoted	Number on issue pre	Number on issue post	Estimate/Actual
Quoted	consolidation or split	consolidation or split	Estimated
				700,483,359	140,096,672
		ASX +Security Code	ASX +Security Description
		DVPAY	OPTION EXPIRING 22-JUN-2024 EX $0.15
		Quoted/unquoted	Number on issue pre	Number on issue post	Estimate/Actual
		Unquoted	consolidation or split	consolidation or split	Estimated
				17,000,000	3,400,000

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