General Capital Limited Announces Share Consolidation

General Capital (NZX:GEN) announces a share consolidation of 1 share per 4 shares currently on issue.

The Board of General Capital advises that it has resolved to implement a share consolidation to rationalise the number of ordinary shares on issue.

Every 4 General Capital shares held at 5:00 p.m. on 2 August 2024 will be consolidated into 1 share, with all fractional entitlements rounded to the nearest whole number of shares and a fractional entitlement to half a share being rounded up.

As a result of the consolidation, the number of shares on issue in General Capital will be reduced from 363,574,975 to approximately 90,893,743 shares. The intended timetable for the share consolidation is set out in the attached document.

ENDS

Authorised by the General Capital Board of Directors

For further information, please contact:

Richard McIntosh
Corporate Counsel
Mobile +64 29 488 88 05
Email [email protected]

29 July 2024

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Announcement PDF