Memorandum
To: Market Participants
From: NZX Product Operations
Date: Monday, 29 July 2024
Subject: General Capital Limited (“GEN”) – Share Consolidation
Message:
On Monday, 29 July 2024 General Capital Limited (“GEN”) announced that it will undertake a share consolidation.
Shareholders will receive one GEN ordinary share for every 4 GEN ordinary shares held at 5pm on the Record Date of Friday, 2 August 2024.
In order for the share consolidation to be processed, GEN ordinary shares will be halted from pre-market open on Ex Date, Thursday, 1 August 2024.
On Monday, 5 August 2024, trading will resume in GEN ordinary shares.
A timetable of events is attached.
Please contact NZX Product Operations on +64 4 496 2853 or [email protected] with any queries.
ENDS
The S&P/NZX 50 Index closed at 13,041.9, rising 276.66 points or 2.17%
Oceania has divested four aged care facilities in the space of six months.
Executives face tough questions at the retailer’s AGM.
To join your company account for BusinessDesk and enjoy full access, enter your email and we’ll send you details