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EASTERN RESOURCES LIMITED — Share Issue/Capital Change 2024
Oct 17, 2024
64824_rns_2024-10-17_3f4c9bcc-a03c-484b-8f73-f90586e899e2.pdf
Share Issue/Capital Change
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Appendix 3A.3 - Notification of security consolidation or split
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Announcement Summary
Entity name
EASTERN RESOURCES LIMITED
Applicable security for the reorganisation
EFE ORDINARY FULLY PAID EFEAZ PERFORMANCE RIGHTS EFEAY OPTION EXPIRING 30-SEP-2025 EX $0.05
Announcement Type
New Announcement
Date of this announcement
18/10/2024
Reorganisation type
Security consolidation
Trading in the post consolidation or split +securities commences on a deferred settlement basis 22/11/2024
Record Date
25/11/2024
Issue Date
2/12/2024
Refer to below for full details of the announcement
Appendix 3A.3 - Notification of security consolidation or split
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Appendix 3A.3 - Notification of security consolidation or split
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Announcement Details
Part 1 - Entity and announcement details
1.1 Name of +Entity EASTERN RESOURCES LIMITED 1.2 Registered Number Type Registration Number ABN 70126678037 1.3 ASX issuer code EFE 1.4 The announcement is New announcement 1.5 Date of this announcement 18/10/2024 1.6 Securities affected by the consolidation or split ASX +Security Code ASX +Security Description EFE ORDINARY FULLY PAID EFEAZ PERFORMANCE RIGHTS EFEAY OPTION EXPIRING 30-SEP-2025 EX $0.05
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
| 2.2 Approvals | |||
|---|---|---|---|
| Approval/Condition | Date for determination | Is the date estimated or | Approval |
| +Security holder approval | 20/11/2024 | actual? | received/condition met? |
| Actual | |||
| Comments |
Appendix 3A.3 - Notification of security consolidation or split
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Appendix 3A.3 - Notification of security consolidation or split
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Part 3 - Consolidation or split timetable and details
3.1 +Record date
25/11/2024
3.2 Date of +security holder meeting
20/11/2024
3.2a Effective date of consolidation or split
20/11/2024
3.3 Last day for trading in the pre consolidation or split +securities
21/11/2024
3.4 Trading in the post consolidation or split +securities commences on a deferred settlement basis.
22/11/2024
3.5 Record date
25/11/2024
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.
26/11/2024
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)
2/12/2024
3.8 Trading starts on a normal T+2 basis
3/12/2024
3.9 First settlement of trades conducted on a +deferred settlement basis and on a normal T+2 basis
5/12/2024
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
10
(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
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Appendix 3A.3 - Notification of security consolidation or split
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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 | |||
|---|---|---|---|---|
| EFE | ORDINARY FULLY PAID | |||
| Quoted/unquoted | Number on issue pre | Number on issue post | Estimate/Actual | |
| Quoted | consolidation or split | consolidation or split | Estimated | |
| 1,241,946,461 | 124,194,646 | |||
| ASX +Security Code | ASX +Security Description | |||
| EFEAZ | PERFORMANCE RIGHTS | |||
| Quoted/unquoted | Number on issue pre | Number on issue post | Estimate/Actual | |
| Unquoted | consolidation or split | consolidation or split | Estimated | |
| 19,000,000 | 1,900,000 | |||
| ASX +Security Code | ASX +Security Description | |||
| EFEAY | OPTION EXPIRING 30-SEP-2025 EX $0.05 | |||
| Quoted/unquoted | Number on issue pre | Number on issue post | Estimate/Actual | |
| Unquoted | consolidation or split | consolidation or split | Estimated | |
| 20,765,519 | 2,076,552 | |||
| 5.2 Exercise price of options | ||||
| ASX +Security Code | ASX +Security Description | |||
| EFEAZ | PERFORMANCE RIGHTS | |||
| Quoted/unquoted | Exercise price pre consolidation or | Exercise price post consolidation or | ||
| Unquoted | split | split | ||
| 0.00000000 | 0.00000000 | |||
| ASX +Security Code | ASX +Security Description | |||
| EFEAY | OPTION EXPIRING 30-SEP-2025 EX $0.05 | |||
| Quoted/unquoted | Exercise price pre consolidation or | Exercise price post consolidation or | ||
| Unquoted | split | split | ||
| 0.05000000 | 0.50000000 |
Part 6 - Further information
6.1 Further information relating to the consolidation or split
6.2 Additional information for inclusion in the Announcement Summary
Appendix 3A.3 - Notification of security consolidation or split
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Appendix 3A.3 - Notification of security consolidation or split
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Appendix 3A.3 - Notification of security consolidation or split
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