Notification of Consolidation/Split


Notification of Consolidation/Split



Notification of Consolidation/Split



Announcement Summary


Entity name

AVEXA LIMITED


Applicable security for the reorganisation


AVX ORDINARY FULLY PAID


Announcement Type

Update to previous announcement

Date of this announcement

Thursday November 26, 2015

Reason for the Update


Shareholder approval has been obtained


Refer to below for full details of the announcement


Announcement Details



Part 1 - Entity and announcement details



  1. *Name of +Entity

    AVEXA LIMITED


  2. *Registered Number Type

    ABN


    53108150750

    Registration Number


  3. *ASX issuer code

    AVX


  4. *The announcement is

Update/amendment to previous announcement

1.4a Reason for update to a previous announcement


Shareholder approval has been obtained


  1. b * Date of previous announcement(s) to this update

    Thursday October 29, 2015

  2. *Date of this announcement

    Thursday November 26, 2015

  3. *Securities affected by the reorganisation



Notification of Consolidation/Split


AVX

ORDINARY FULLY PAID



Part 2 - Approvals


  1. *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

  2. Approvals


Approval/Condition

+Security holder approval

Date for determination

Thursday November 26, 2015

Is the date estimated or actual?

Actual

**Approval received/condition met?

Yes

Comments



Part 3 - Reorganisation timetable and details


  1. *+Record date

    Wednesday December 2, 2015

  2. Date of +security holder meeting

    Thursday November 26, 2015

  3. Last day for trading in the pre-re-organised +securities

    Friday November 27, 2015

  4. *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.

    Monday November 30, 2015

  5. Record date

    Wednesday December 2, 2015

  6. 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

    Thursday December 3, 2015

  7. *+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 December 9, 2015



    Notification of Consolidation/Split


  8. Trading starts on a normal T+3 basis

    Thursday December 10, 2015

  9. First settlement of trades conducted on a +deferred settlement basis and on a normal T+3 basis

Tuesday December 15, 2015


Part 4 - Reorganisation type and details


4.1 *The reorganisation is

+Security consolidation

  1. a *Consolidation ratio: the +securities will be consolidated on the basis that every

    20

    (pre-consolidation) +securities will be consolidated into

    1

    (post-consolidation) +security (/ies).


  2. *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

AVX

*ASX +Security Description ORDINARY FULLY

PAID

Quoted/unquoted

Quoted

Number on issue before reorganisation 980,778,925

Number on issue after reorganisation 49,038,947

Estimate/Actual

Estimated


Part 6 - Further information


  1. Further information relating to the reorganisation



  2. Additional information for inclusion in the Announcement Summary



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