Notification of Consolidation/Split
Notification of Consolidation/Split
Notification of Consolidation/Split
Announcement Summary
Entity name
MARION ENERGY LIMITED
Applicable security for the reorganisation
MAE ORDINARY FULLY PAID
MAEAI OPTION EXPIRING VARIOUS DATES EX VARIOUS PRICES
MAEO OPTION EXPIRING 19-OCT-2015
Announcement Type
New Announcement
Date of this announcement
Tuesday September 1, 2015
Reorganisation type
Security consolidation
Effective Date
Friday October 2, 2015
Record Date
Wednesday October 7, 2015
Issue Date
Wednesday October 14, 2015
Refer to below for full details of the announcement
Announcement Details
Part 1 - Entity and announcement details
1.1 *Name of +Entity
MARION ENERGY LIMITED
1.2 *Registered Number Type
ACN
Registration Number
000031292
1.3 *ASX issuer code
MAE
1.4 *The announcement is
New announcement
Notification of Consolidation/Split 1 / 4
Notification of Consolidation/Split
1.5 *Date of this announcement
Tuesday September 1, 2015
1.6 *Securities affected by the reorganisation
MAE ORDINARY FULLY PAID
MAEAI OPTION EXPIRING VARIOUS DATES EX VARIOUS PRICES
MAEO OPTION EXPIRING 19-OCT-2015
Part 2 - Approvals
2.1 *Are any of the below approvals required for the reorganisation 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 reorganisation.
Yes
2.2 Approvals
Approval/Condition
+Security holder approval
|
Date for determination
Wednesday
September 30, 2015
|
Is the date estimated or actual?
Actual
|
**Approval received/condition met?
[Select...]
|
Comments
|
Part 3 - Reorganisation timetable and details
3.1 *+Record date
Wednesday October 7, 2015
3.2 Date of +security holder meeting
Wednesday September 30, 2015
3.3 Last day for trading in the pre-re-organised +securities
Thursday October 1, 2015
3.4 *Effective date. Trading in the re-organised securities commences on a +deferred settlement basis. If the +entity's securities are suspended from trading during this period there will be no
+deferred settlement trading however ASX still captures this date.
Friday October 2, 2015
3.5 Record date
Wednesday October 7, 2015
Notification of Consolidation/Split 2 / 4
Notification of Consolidation/Split
3.6 First day for +entity to send notices to +security holders of the change in the number of
+securities they hold. First day for +entity to register +securities on a post-reorganised basis
Thursday October 8, 2015
3.7 *+Issue date. +Deferred settlement market ends. Last day for +entity to send notices to
+security holder of the change in the number of +securities they hold. Last day for +entity to register +securities on a post-reorganised basis
Wednesday October 14, 2015
3.8 Trading starts on a normal T+3 basis
Thursday October 15, 2015
3.9 First settlement of trades conducted on a +deferred settlement basis and on a normal T+3 basis
Tuesday October 20, 2015
Part 4 - Reorganisation type and details
4.1 *The reorganisation is
+Security consolidation
4.1a *Consolidation ratio: the +securities will be consolidated on the basis that every
100
(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 reorganisation
5.1 *+Securities on issue before and after the reorganisation
*ASX +Security Code
MAE
|
*ASX +Security Description ORDINARY FULLY
PAID
|
Quoted/unquoted
Quoted
|
Number on issue before reorganisation
192,505,978
|
Number on issue after reorganisation
1,925,060
|
Estimate/Actual
Estimated
|
*ASX +Security Code
MAEAI
|
*ASX +Security
Description
OPTION EXPIRING VARIOUS DATES EX VARIOUS PRICES
|
Quoted/unquoted
Unquoted
|
Number on issue before reorganisation
91,122,688
|
Number on issue after reorganisation
911,227
|
Estimate/Actual
Estimated
|
|
Notification of Consolidation/Split 3 / 4
Notification of Consolidation/Split
*ASX +Security Code
MAEO
|
*ASX +Security
Description
OPTION EXPIRING
19-OCT-2015
|
Quoted/unquoted
Quoted
|
Number on issue before reorganisation
19,220,586
|
Number on issue after reorganisation
192,206
|
Estimate/Actual
Estimated
|
5.2 *Exercise price of options
*ASX +Security Code
MAEAI
|
*ASX +Security Description
OPTION EXPIRING VARIOUS DATES EX VARIOUS PRICES
|
Quoted/unquoted
Unquoted
|
Exercise price before reorganisation
0.00000000
|
Exercise price after reorganisation
0.00000000
|
*ASX +Security Code
MAEO
|
*ASX +Security Description
OPTION EXPIRING
19-OCT-2015
|
Quoted/unquoted
Quoted
|
Exercise price before reorganisation
0.15000000
|
Exercise price after reorganisation
15.00000000
|
Part 6 - Further information
6.1 Further information relating to the reorganisation
6.2 Additional information for inclusion in the Announcement Summary
Notification of Consolidation/Split 4 / 4