UNION STAR METALS LTD — Share Issue/Capital Change 2020

Dec 20, 2020

Notification of Consolidation/Split

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Announcement Summary

Entity name
THRED LIMITED
Applicable security for the reorganisation
THD	ORDINARY FULLY PAID
Announcement Type
Update to previous announcement
Date of this announcement
Monday December 21, 2020
Reason for the Update Updating the Timetable for the Consolidation

Additional Information N/A Refer to below for full details of the announcement

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Notification of Consolidation/Split

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Announcement Details

Part 1 - Entity and announcement details

1.1 Name of +Entity

THRED LIMITED

1.2 Registered Number Type Registration Number ACN 124541466

1.3 ASX issuer code

THD

1.4 The announcement is

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Update/amendment to previous announcement

1.4a Reason for update to a previous announcement

Updating the Timetable for the Consolidation

1.4b Date of previous announcement(s) to this update

Friday December 18, 2020

1.5 Date of this announcement

Monday December 21, 2020

1.6 Securities affected by the consolidation or split

ASX +Security Code ASX +Security Description THD ORDINARY FULLY PAID

Part 2 - Approvals

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Notification of Consolidation/Split

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• 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.

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Yes

2.2 Approvals

Approval/Condition

+Security holder approval

Date for determination Is the date estimated or Approval actual? received/condition met? Tuesday December 29, 2020 Actual No

Comments

Part 3 - Consolidation or split timetable and details

3.1 +Record date

Monday January 4, 2021

3.2 Date of +security holder meeting

Tuesday December 29, 2020

3.2a Effective date of consolidation or split

Tuesday December 29, 2020

3.3 Last day for trading in the pre consolidation or split +securities

Wednesday December 30, 2020

3.4 Trading in the post consolidation or split +securities commences on a deferred settlement basis.

Thursday December 31, 2020

3.5 Record date

Monday January 4, 2021

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.

Tuesday January 5, 2021

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)

Monday January 11, 2021

3.8 Trading starts on a normal T+2 basis

Tuesday January 12, 2021

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3.9 First settlement of trades conducted on a +deferred settlement basis and on a normal T+2 basis
Thursday January 14, 2021
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
75
(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
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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 THD ORDINARY FULLY PAID Quoted/unquoted Number on issue pre Number on issue post Estimate/Actual Quoted consolidation or split consolidation or split Actual 1,789,390,870 23,858,545 Part 6 - Further information 6.1 Further information relating to the consolidation or split THD securities are currently suspended from trading and will remain suspended until the Company re-complies with Chapters 1 and 2 of the ASX Listing Rules. 6.2 Additional information for inclusion in the Announcement Summary N/A

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