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INFOCUS GROUP HOLDINGS LIMITED — Share Issue/Capital Change 2014
Oct 30, 2014
65103_rns_2014-10-30_81edae31-c0e8-480f-9774-25ac5d4c8049.pdf
Share Issue/Capital Change
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Suite 9, 330 Churchill Avenue, Subiaco, Western Australia 6008 PO Box 866, Subiaco, Western Australia 6904 T +61 8 6489 1600 F +61 8 6489 1601 W www.vortexpipes.com
ABN 80 096 870 978
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31 October 2014
Manager Announcements Company Announcements Platform ASX Limited Level 4, 20 Bridge Street SYDNEY NSW 2000
COMPLETION OF SHARE CONSOLIDATION
Vortex Pipes Limited (to be renamed VTX Holdings Limited) (ASX:VTX, “the Company ”) wishes to advise that its one for twenty (1 for 20) share consolidation was completed on 28 October 2014. The consolidation, which was achieved through the conversion of twenty fully paid ordinary shares into one fully paid ordinary share, was approved by an ordinary resolution of shareholders passed at the Company’s Annual General Meeting held on 21 October 2014.
The below table summarises the Company capital structure pre and post the share consolidation:
| Class | Pre-Consolidation | Post-Consolidation |
|---|---|---|
| FullyPaid OrdinaryShares | 3,926,972,236 | 226,348,671 |
| Options to bequoted on Tuesday4 November 2014 | 3,125,000,000 | 156,250,000* |
| Unquoted options | - | 69,250,000** |
- Exercisable at $0.025 on or before 25 October 2015
** Exercisable at $0.025 on or before 31 August 2018
The Company confirms that where the share consolidation resulted in an entitlement to a fraction of a share, that fraction was rounded up to the nearest whole number of shares. New consolidation statements and letters are to be printed and dispatched to Shareholders on Monday, 3 November 2014.
- ENDS -
FOR FURTHER INFORMATION, PLEASE CONTACT:
Loren Jones Company Secretary [email protected] +61 8 6489 1600