Consolidation/Split - ADV
Released
Released
Announcement PDF
Notification of Consolidation/Split
Announcement Summary
Entity name
ARDIDEN LTD
Applicable security for the reorganisation
ADV
ORDINARY FULLY PAID
ADVAE
OPTION EXPIRING 31-AUG-2024 EX 1.8C
ADVAF
OPTION EXPIRING 04-APR-2026 EX $0.022
ADVAG
PERFORMANCE RIGHTS
ADVAH
OPTION EXPIRING 24-APR-2027 EX $0.008
ADVAI
OPTION EXPIRING 13-JUN-2027 EX $0.01
ADVAJ
OPTION EXPIRING 14-JUN-2027 EX $0.007
ADVAQ
OPTION EXPIRING 20-APR-2026 EX $0.0195
Announcement Type
New Announcement
Date of this announcement
20/10/2023
Reorganisation type
Security consolidation
Trading in the post consolidation or split +securities commences on a deferred settlement basis
24/11/2023
Record Date
27/11/2023
Issue Date
4/12/2023
Notification of Consolidation/Split
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Notification of Consolidation/Split
Refer to below for full details of the announcement
Notification of Consolidation/Split
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Notification of Consolidation/Split
Announcement Details
Part 1 - Entity and announcement details
1.1 Name of +Entity
ARDIDEN LTD
1.2 Registered Number Type
Registration Number
ACN
110884252
1.3 ASX issuer code
ADV
1.4 The announcement is
New announcement
1.5 Date of this announcement
20/10/2023
1.6 Securities affected by the consolidation or split
ASX +Security Code
ASX +Security Description
ADV
ORDINARY FULLY PAID
ADVAE
OPTION EXPIRING 31-AUG-2024 EX 1.8C
ADVAF
OPTION EXPIRING 04-APR-2026 EX $0.022
ADVAG
PERFORMANCE RIGHTS
ADVAH
OPTION EXPIRING 24-APR-2027 EX $0.008
ADVAI
OPTION EXPIRING 13-JUN-2027 EX $0.01
ADVAJ
OPTION EXPIRING 14-JUN-2027 EX $0.007
Notification of Consolidation/Split
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Notification of Consolidation/Split
ADVAQ
OPTION EXPIRING 20-APR-2026 EX $0.0195
Part 2 - Approvals
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
+Security holder approval
22/11/2023
Is the date estimated or
actual?
Actual
Approval
received/condition met?
No
Comments
Part 3 - Consolidation or split timetable and details
3.1 +Record date
27/11/2023
3.2 Date of +security holder meeting
22/11/2023
3.2a Effective date of consolidation or split
22/11/2023
3.3 Last day for trading in the pre consolidation or split +securities
23/11/2023
3.4 Trading in the post consolidation or split +securities commences on a deferred settlement basis.
24/11/2023
3.5 Record date
27/11/2023
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.
28/11/2023
Notification of Consolidation/Split
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Notification of Consolidation/Split
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)
4/12/2023
3.8 Trading starts on a normal T+2 basis
5/12/2023
3.9 First settlement of trades conducted on a +deferred settlement basis and on a normal T+2 basis
7/12/2023
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
43
(pre-consolidation) +securities will be consolidated into
1
(post-consolidation) +security (/ies).
4.2 Scrip fraction rounding
Fractions rounded down to the nearest whole number or fractions disregarded
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
ADV
ORDINARY FULLY PAID
Quoted/unquoted
Number on issue pre
consolidation or split
Number on issue post
consolidation or split
2,688,335,356
62,519,427
Quoted
ASX +Security Code
ASX +Security Description
ADVAE
OPTION EXPIRING 31-AUG-2024 EX 1.8C
Quoted/unquoted
Number on issue pre
consolidation or split
Number on issue post
consolidation or split
14,625,000
340,116
Unquoted
Notification of Consolidation/Split
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Estimate/Actual
Estimated
Estimate/Actual
Estimated
Notification of Consolidation/Split
ASX +Security Code
ASX +Security Description
ADVAF
OPTION EXPIRING 04-APR-2026 EX $0.022
Quoted/unquoted
Number on issue pre
consolidation or split
Number on issue post
consolidation or split
10,000,000
232,558
Unquoted
ASX +Security Code
ASX +Security Description
ADVAG
PERFORMANCE RIGHTS
Quoted/unquoted
Number on issue pre
consolidation or split
Number on issue post
consolidation or split
7,500,000
174,419
Unquoted
ASX +Security Code
ASX +Security Description
ADVAH
OPTION EXPIRING 24-APR-2027 EX $0.008
Quoted/unquoted
Number on issue pre
consolidation or split
Number on issue post
consolidation or split
2,500,000
58,140
Unquoted
ASX +Security Code
ASX +Security Description
ADVAI
OPTION EXPIRING 13-JUN-2027 EX $0.01
Quoted/unquoted
Number on issue pre
consolidation or split
Number on issue post
consolidation or split
15,000,000
348,837
Unquoted
ASX +Security Code
ASX +Security Description
ADVAJ
OPTION EXPIRING 14-JUN-2027 EX $0.007
Quoted/unquoted
Number on issue pre
consolidation or split
Number on issue post
consolidation or split
2,000,000
46,512
Unquoted
ASX +Security Code
ASX +Security Description
ADVAQ
OPTION EXPIRING 20-APR-2026 EX $0.0195
Quoted/unquoted
Number on issue pre
consolidation or split
Number on issue post
consolidation or split
40,025,030
930,815
Unquoted
Estimate/Actual
Estimated
Estimate/Actual
Estimated
Estimate/Actual
Estimated
Estimate/Actual
Estimated
Estimate/Actual
Estimated
Estimate/Actual
Estimated
5.2 Exercise price of options
ASX +Security Code
ASX +Security Description
ADVAE
OPTION EXPIRING 31-AUG-2024 EX 1.8C
Quoted/unquoted
Exercise price pre consolidation or
split
Exercise price post consolidation or
split
0.01800000
0.77400000
Unquoted
Notification of Consolidation/Split
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Notification of Consolidation/Split
ASX +Security Code
ASX +Security Description
ADVAF
OPTION EXPIRING 04-APR-2026 EX $0.022
Quoted/unquoted
Exercise price pre consolidation or
split
Exercise price post consolidation or
split
0.02200000
0.94600000
Unquoted
ASX +Security Code
ASX +Security Description
ADVAG
PERFORMANCE RIGHTS
Quoted/unquoted
Exercise price pre consolidation or
split
Exercise price post consolidation or
split
0.00000000
0.00000000
Unquoted
ASX +Security Code
ASX +Security Description
ADVAH
OPTION EXPIRING 24-APR-2027 EX $0.008
Quoted/unquoted
Exercise price pre consolidation or
split
Exercise price post consolidation or
split
0.00800000
0.34400000
Unquoted
ASX +Security Code
ASX +Security Description
ADVAI
OPTION EXPIRING 13-JUN-2027 EX $0.01
Quoted/unquoted
Exercise price pre consolidation or
split
Exercise price post consolidation or
split
0.01000000
0.43000000
Unquoted
ASX +Security Code
ASX +Security Description
ADVAJ
OPTION EXPIRING 14-JUN-2027 EX $0.007
Quoted/unquoted
Exercise price pre consolidation or
split
Exercise price post consolidation or
split
0.00700000
0.30100000
Unquoted
ASX +Security Code
ASX +Security Description
ADVAQ
OPTION EXPIRING 20-APR-2026 EX $0.0195
Quoted/unquoted
Exercise price pre consolidation or
split
Exercise price post consolidation or
split
0.01950000
0.83850000
Unquoted
Part 6 - Further information
6.1 Further information relating to the consolidation or split
6.2 Additional information for inclusion in the Announcement Summary
Notification of Consolidation/Split
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Notification of Consolidation/Split
Notification of Consolidation/Split
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