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RIEDEL RESOURCES LIMITED — Share Issue/Capital Change 2024
Oct 24, 2024
65702_rns_2024-10-24_5c8f2831-a482-4faf-8e5f-61500b7b5ca3.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
RIEDEL RESOURCES LIMITED
Applicable security for the reorganisation
RIE ORDINARY FULLY PAID RIEAAA OPTION EXPIRING 06-DEC-2025 EX $0.01 RIEAD OPTION EXPIRING 24-JUL-2025 EX 0.01 RIEAE OPTION EXPIRING 24-JUL-2025 EX $0.01
Announcement Type
New Announcement
Date of this announcement
25/10/2024
Reorganisation type
Security consolidation
Trading in the post consolidation or split +securities commences on a deferred settlement basis
4/12/2024
Record Date
5/12/2024
Issue Date
12/12/2024
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 RIEDEL RESOURCES LIMITED 1.2 Registered Number Type Registration Number ACN 143042022 1.3 ASX issuer code RIE 1.4 The announcement is New announcement 1.5 Date of this announcement 25/10/2024 1.6 Securities affected by the consolidation or split ASX +Security Code ASX +Security Description RIE ORDINARY FULLY PAID RIEAAA OPTION EXPIRING 06-DEC-2025 EX $0.01 RIEAD OPTION EXPIRING 24-JUL-2025 EX 0.01 RIEAE OPTION EXPIRING 24-JUL-2025 EX $0.01
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 27/11/2024 Actual
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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Comments
Part 3 - Consolidation or split timetable and details
3.1 +Record date
5/12/2024 27/11/2024
3.2 Date of +security holder meeting
3.2a Effective date of consolidation or split
2/12/2024
3.3 Last day for trading in the pre consolidation or split +securities
3/12/2024
3.4 Trading in the post consolidation or split +securities commences on a deferred settlement basis.
4/12/2024
3.5 Record date
5/12/2024 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. 6/12/2024
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) 12/12/2024 3.8 Trading starts on a normal T+2 basis 13/12/2024 3.9 First settlement of trades conducted on a +deferred settlement basis and on a normal T+2 basis 17/12/2024
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
40
(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
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 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 | ||
|---|---|---|---|
| RIE | ORDINARY FULLY PAID | ||
| Quoted/unquoted | Number on issue pre | Number on issue post | Estimate/Actual |
| Quoted | consolidation or split | consolidation or split | Estimated |
| 2,223,835,633 | 55,595,891 | ||
| ASX +Security Code | ASX +Security Description | ||
| RIEAAA | OPTION EXPIRING 06-DEC-2025 EX $0.01 | ||
| Quoted/unquoted | Number on issue pre | Number on issue post | Estimate/Actual |
| Unquoted | consolidation or split | consolidation or split | Estimated |
| 18,300,000 | 457,500 | ||
| ASX +Security Code | ASX +Security Description | ||
| RIEAD | OPTION EXPIRING 24-JUL-2025 EX 0.01 | ||
| Quoted/unquoted | Number on issue pre | Number on issue post | Estimate/Actual |
| Unquoted | consolidation or split | consolidation or split | Estimated |
| 195,900,028 | 4,897,501 | ||
| ASX +Security Code | ASX +Security Description | ||
| RIEAE | OPTION EXPIRING 24-JUL-2025 EX $0.01 | ||
| Quoted/unquoted | Number on issue pre | Number on issue post | Estimate/Actual |
| Unquoted | consolidation or split | consolidation or split | Estimated |
| 40,000,000 | 1,000,000 | ||
| 5.2 Exercise price of options | |||
| ASX +Security Code | ASX +Security Description | ||
| RIEAAA | OPTION EXPIRING 06-DEC-2025 EX $0.01 | ||
| Quoted/unquoted | Exercise price pre consolidation orExercise price post consolidation or | ||
| Unquoted | split | split | |
| 0.01000000 | 0.40000000 | ||
| ASX +Security Code | ASX +Security Description | ||
| RIEAD | OPTION EXPIRING 24-JUL-2025 EX 0.01 | ||
| Quoted/unquoted | Exercise price pre consolidation orExercise price post consolidation or | ||
| Unquoted | split | split | |
| 0.01000000 | 0.40000000 | ||
| ASX +Security Code | ASX +Security Description | ||
| RIEAE | OPTION EXPIRING 24-JUL-2025 EX $0.01 | ||
| Quoted/unquoted | Exercise price pre consolidation orExercise price post consolidation or |
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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Unquoted
split 0.01000000
split 0.40000000
Part 6 - Further information
6.1 Further information relating to the consolidation or split
RIEAF: The Company also has 500,000 Convertible Notes on issue, each with a face value of AUD1.00. Post-Consolidation there will be 12,500 Convertible Notes on issue, each with a face value of AUD40.00 RIEAAB: At the date of dispatch of the Company's Notice of Annual General Meeting, the Company had 15,000,000 Performance Rights on issue, however these are expected to lapse prior to the meeting and therefore have not been included in the securities for consolidation.
6.2 Additional information for inclusion in the Announcement Summary
Appendix 3A.3 - Notification of security consolidation or split
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