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NUTRITIONAL GROWTH SOLUTIONS LTD — Share Issue/Capital Change 2024
Jul 29, 2024
65418_rns_2024-07-29_cffc4f70-2e42-4c37-b4f8-3df9650e2214.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
NUTRITIONAL GROWTH SOLUTIONS LTD
Applicable security for the reorganisation
| NGS | ORDINARY FULLY PAID |
|---|---|
| NGSAN | EMP OPTIONS EX VARIOUS DATES EX VARIOUS PRICES |
| NGSOA | OPTION EXPIRING 31-AUG-2026 |
| NGSAH | OPTION EXPIRING 23-OCT-2025 EX $0.20 |
| NGSAJ | OPTION EXPIRING 31-DEC-2025 EX $0.01 |
| NGSAR | OPTION EXPIRING 26-JAN-2023 EX $0.2747 |
| NGSAS | OPTION EXPIRING 25-FEB-2023 EX $0.2731 |
| NGSAV | OPTION EXPIRING 19-JUL-2027 EX $0.004 |
Announcement Type
Update to previous announcement
Date of this announcement
30/7/2024
Reason for the Update
The number of securities on issue post consolidation has been updated to take account of rounding, subsequent to the record date being Friday, 26 August 2024
Additional Information
The fully paid ordinary shares (Shares) on issue was prior to the consolidation was 1,085,054,337 Shares, as the result of the shares issued on 18 July 2024. Post consolidation, there are 108,505,551 Shares on issue.
The following unlisted options have expired: NGSAR (Options expiring 26 Jan 2023 EX $0.2747) and NGSAS (Options expiring 25 FEB 2023 EX $0.2731).
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
NUTRITIONAL GROWTH SOLUTIONS LTD
1.2 Registered Number Type Registration Number ARBN 642861774
1.3 ASX issuer code
NGS
1.4 The announcement is
Update/amendment to previous announcement
1.4a Reason for update to a previous announcement
The number of securities on issue post consolidation has been updated to take account of rounding, subsequent to the record date being Friday, 26 August 2024
1.4b Date of previous announcement(s) to this update
12/7/2024
1.5 Date of this announcement
30/7/2024
1.6 Securities affected by the consolidation or split
ASX +Security Code ASX +Security Description
| NGS | ORDINARY FULLY PAID |
|---|---|
| NGSAN | EMP OPTIONS EX VARIOUS DATES EX VARIOUS PRICES |
| NGSOA | OPTION EXPIRING 31-AUG-2026 |
| NGSAH | OPTION EXPIRING 23-OCT-2025 EX $0.20 |
| NGSAJ | OPTION EXPIRING 31-DEC-2025 EX $0.01 |
| NGSAR | OPTION EXPIRING 26-JAN-2023 EX $0.2747 |
| NGSAS | OPTION EXPIRING 25-FEB-2023 EX $0.2731 |
| NGSAV | OPTION EXPIRING 19-JUL-2027 EX $0.004 |
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 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 Is the date estimated or Approval actual? received/condition met? +Security holder approval 1/7/2024 Actual Yes
Comments
Approved as announced on 1 July 2024
Part 3 - Consolidation or split timetable and details
3.1 +Record date
26/7/2024
3.2 Date of +security holder meeting
1/7/2024
3.2a Effective date of consolidation or split
22/7/2024
3.3 Last day for trading in the pre consolidation or split +securities
24/7/2024
3.4 Trading in the post consolidation or split +securities commences on a deferred settlement basis.
25/7/2024
3.5 Record date
26/7/2024
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.
29/7/2024
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)
2/8/2024
3.8 Trading starts on a normal T+2 basis
5/8/2024
3.9 First settlement of trades conducted on a +deferred settlement basis and on a normal T+2 basis
7/8/2024
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 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
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 | ||
|---|---|---|---|
| NGS | ORDINARY FULLY PAID | ||
| Quoted/unquoted | Number on issue pre | Number on issue post | Estimate/Actual |
| Quoted | consolidation or split | consolidation or split | Actual |
| 251,227,397 | 108,505,551 | ||
| ASX +Security Code | ASX +Security Description | ||
| NGSAN | EMP OPTIONS EX VARIOUS | DATES EX VARIOUS PRICES | |
| Quoted/unquoted | Number on issue pre | Number on issue post | Estimate/Actual |
| Unquoted | consolidation or split | consolidation or split | Actual |
| 7,204,169 | 660,417 | ||
| ASX +Security Code | ASX +Security Description | ||
| NGSOA | OPTION EXPIRING 31-AUG-2026 | ||
| Quoted/unquoted | Number on issue pre | Number on issue post | Estimate/Actual |
| Quoted | consolidation or split | consolidation or split | Actual |
| 80,000,000 | 8,000,004 | ||
| ASX +Security Code | ASX +Security Description | ||
| NGSAH | OPTION EXPIRING 23-OCT-2025 EX $0.20 | ||
| Quoted/unquoted | Number on issue pre | Number on issue post | Estimate/Actual |
| Unquoted | consolidation or split | consolidation or split | Actual |
| 20,000,000 | 2,000,000 | ||
| ASX +Security Code | ASX +Security Description | ||
| NGSAJ | OPTION EXPIRING 31-DEC-2025 EX $0.01 |
Quoted/unquoted
Estimate/Actual
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Appendix 3A.3 - Notification of security consolidation or split
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| Unquoted | Number on issue pre | Number on issue post | Actual |
|---|---|---|---|
| consolidation or split | consolidation or split | ||
| 5,571,430 | 557,145 | ||
| ASX +Security Code | ASX +Security Description | ||
| NGSAR | OPTION EXPIRING 26-JAN-2023 EX $0.2747 | ||
| Quoted/unquoted | Number on issue pre | Number on issue post | Estimate/Actual |
| Unquoted | consolidation or split | consolidation or split | Estimated |
| 250,000 | 25,000 | ||
| ASX +Security Code | ASX +Security Description | ||
| NGSAS | OPTION EXPIRING 25-FEB-2023 EX $0.2731 | ||
| Quoted/unquoted | Number on issue pre | Number on issue post | Estimate/Actual |
| Unquoted | consolidation or split | consolidation or split | Estimated |
| 250,000 | 25,000 | ||
| ASX +Security Code | ASX +Security Description | ||
| NGSAV | OPTION EXPIRING 19-JUL-2027 EX $0.004 | ||
| Quoted/unquoted | Number on issue pre | Number on issue post | Estimate/Actual |
| Unquoted | consolidation or split | consolidation or split | Actual |
| 20,000,000 | 2,000,000 | ||
| 5.2 Exercise price of options | |||
| ASX +Security Code | ASX +Security Description | ||
| NGSAN | EMP OPTIONS EX VARIOUS | DATES EX VARIOUS PRICES | |
| 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 | ||
| NGSOA | OPTION EXPIRING 31-AUG-2026 | ||
| Quoted/unquoted | Exercise price pre consolidation or Exercise price post |
consolidation or | |
| Quoted | split | split | |
| 0.02000000 | 0.20000000 | ||
| ASX +Security Code | ASX +Security Description | ||
| NGSAH | OPTION EXPIRING 23-OCT-2025 EX $0.20 | ||
| Quoted/unquoted | Exercise price pre consolidation or Exercise price post |
consolidation or | |
| Unquoted | split | split | |
| 0.20000000 | 2.00000000 | ||
| ASX +Security Code | ASX +Security Description | ||
| NGSAJ | OPTION EXPIRING 31-DEC-2025 EX $0.01 |
Quoted/unquoted
Unquoted
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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| Exercise price pre consolidation or | Exercise price post consolidation or | |
|---|---|---|
| split | split | |
| 0.01000000 | 0.10000000 | |
| ASX +Security Code | ASX +Security Description | |
| NGSAR | OPTION EXPIRING 26-JAN-2023 EX | $0.2747 |
| Quoted/unquoted | Exercise price pre consolidation or | Exercise price post consolidation or |
| Unquoted | split | split |
| 0.27470000 | 2.74700000 | |
| ASX +Security Code | ASX +Security Description | |
| NGSAS | OPTION EXPIRING 25-FEB-2023 EX | $0.2731 |
| Quoted/unquoted | Exercise price pre consolidation or | Exercise price post consolidation or |
| Unquoted | split | split |
| 0.27310000 | 2.73100000 | |
| ASX +Security Code | ASX +Security Description | |
| NGSAV | OPTION EXPIRING 19-JUL-2027 EX | $0.004 |
| Quoted/unquoted | Exercise price pre consolidation or | Exercise price post consolidation or |
| Unquoted | split | split |
| 0.00400000 | 0.04000000 |
Part 6 - Further information
6.1 Further information relating to the consolidation or split
The details of the consolidation are provided in the Notice of Annual General Meeting released to the ASX on 24 May 2024.
6.2 Additional information for inclusion in the Announcement Summary
The fully paid ordinary shares (Shares) on issue was prior to the consolidation was 1,085,054,337 Shares, as the result of the shares issued on 18 July 2024. Post consolidation, there are 108,505,551 Shares on issue.
The following unlisted options have expired: NGSAR (Options expiring 26 Jan 2023 EX $0.2747) and NGSAS (Options expiring 25 FEB 2023 EX $0.2731).
Appendix 3A.3 - Notification of security consolidation or split
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