24 Nov

Consolidation/Split - DVP

Notification of Consolidation/Split Notification of Consolidation/Split 1 / 8 Announcement Summary Entity name DEVELOP GLOBAL LIMITED Applicable security for the reorganisation DVP ORDINARY FULLY PAID DVPAY OPTION EXPIRING 22-JUN-2024 EX $0.15 DVPAZ OPTION EXPIRING 22-JUN-2023 EX $0.135 DVPAW OPTION EXPIRING 18-JUL-2023 EX $0.135 DVPAV PERFORMANCE RIGHTS DVPAAC OPTION EXPIRING 01-OCT-2024 EX $1.00 DVPAAB OPTION EXPIRING 17-JUN-2025 EX $0.15 DVPAAA OPTION EXPIRING 17-JUN-2024 EX $0.15 Announcement Type New Announcement Date of this announcement 24/11/2021 Reorganisation type Security consolidation Trading in the post consolidation or split +securities commences on a deferred settlement basis 30/11/2021 Record Date 1/12/2021 Issue Date 8/12/2021 Notification of Consolidation/Split Notification of Consolidation/Split 2 / 8 Refer to below for full details of the announcement Notification of Consolidation/Split Notification of Consolidation/Split 3 / 8 Announcement Details Part 1 - Entity and announcement details 1.1 Name of +Entity DEVELOP GLOBAL LIMITED 1.2 Registered Number Type ABN Registration Number 28122180205 1.3 ASX issuer code DVP 1.4 The announcement is 1.5 Date of this announcement 24/11/2021 1.6 Securities affected by the consolidation or split ASX +Security Code ASX +Security Description DVP ORDINARY FULLY PAID DVPAY OPTION EXPIRING 22-JUN-2024 EX $0.15 DVPAZ OPTION EXPIRING 22-JUN-2023 EX $0.135 DVPAW OPTION EXPIRING 18-JUL-2023 EX $0.135 DVPAV PERFORMANCE RIGHTS DVPAAC OPTION EXPIRING 01-OCT-2024 EX $1.00 DVPAAB OPTION EXPIRING 17-JUN-2025 EX $0.15 New announcement Notification of Consolidation/Split Notification of Consolidation/Split 4 / 8 DVPAAA OPTION EXPIRING 17-JUN-2024 EX $0.15 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. 2.2 Approvals Approval/Condition +Security holder approval Date for determination 26/11/2021 Is the date estimated or actual? Approval received/condition met? Comments Part 3 - Consolidation or split timetable and details 3.1 +Record date 1/12/2021 3.2 Date of +security holder meeting 26/11/2021 3.2a Effective date of consolidation or split 26/11/2021 3.3 Last day for trading in the pre consolidation or split +securities 29/11/2021 3.4 Trading in the post consolidation or split +securities commences on a deferred settlement basis. 30/11/2021 3.5 Record date 1/12/2021 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. 2/12/2021 Actual Yes Notification of Consolidation/Split Notification of Consolidation/Split 5 / 8 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) 8/12/2021 3.8 Trading starts on a normal T+2 basis 9/12/2021 3.9 First settlement of trades conducted on a +deferred settlement basis and on a normal T+2 basis 13/12/2021 Part 4 - Event type and details 4.1 The event is 4.1a Consolidation ratio: the +securities will be consolidated on the basis that every 5 (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 consolidation or split 5.1 +Securities on issue before and after the consolidation or split ASX +Security Code DVP ASX +Security Description ORDINARY FULLY PAID Quoted/unquoted Number on issue pre consolidation or split 700,483,359 Number on issue post consolidation or split 140,096,672 Estimate/Actual ASX +Security Code DVPAY ASX +Security Description OPTION EXPIRING 22-JUN-2024 EX $0.15 Quoted/unquoted Number on issue pre consolidation or split 17,000,000 Number on issue post consolidation or split 3,400,000 Estimate/Actual Estimated Unquoted Estimated Quoted +Security consolidation Notification of Consolidation/Split Notification of Consolidation/Split 6 / 8 ASX +Security Code DVPAZ ASX +Security Description OPTION EXPIRING 22-JUN-2023 EX $0.135 Quoted/unquoted Number on issue pre consolidation or split 74,485,345 Number on issue post consolidation or split 14,897,069 Estimate/Actual ASX +Security Code DVPAW ASX +Security Description OPTION EXPIRING 18-JUL-2023 EX $0.135 Quoted/unquoted Number on issue pre consolidation or split 12,497,148 Number on issue post consolidation or split 2,499,430 Estimate/Actual ASX +Security Code DVPAV ASX +Security Description PERFORMANCE RIGHTS Quoted/unquoted Number on issue pre consolidation or split 1,935,000 Number on issue post consolidation or split 387,000 Estimate/Actual ASX +Security Code DVPAAC ASX +Security Description OPTION EXPIRING 01-OCT-2024 EX $1.00 Quoted/unquoted Number on issue pre consolidation or split 1,000,000 Number on issue post consolidation or split 200,000 Estimate/Actual ASX +Security Code DVPAAB ASX +Security Description OPTION EXPIRING 17-JUN-2025 EX $0.15 Quoted/unquoted Number on issue pre consolidation or split 70,000,000 Number on issue post consolidation or split 14,000,000 Estimate/Actual ASX +Security Code DVPAAA ASX +Security Description OPTION EXPIRING 17-JUN-2024 EX $0.15 Quoted/unquoted Number on issue pre consolidation or split 70,000,000 Number on issue post consolidation or split 14,000,000 Estimate/Actual 5.2 Exercise price of options ASX +Security Code DVPAY ASX +Security Description OPTION EXPIRING 22-JUN-2024 EX $0.15 Quoted/unquoted Exercise price pre consolidation or split 0.15000000 Exercise price post consolidation or split 0.75000000 Unquoted Estimated Unquoted Estimated Unquoted Estimated Unquoted Estimated Unquoted Estimated Unquoted Estimated Unquoted Notification of Consolidation/Split Notification of Consolidation/Split 7 / 8 ASX +Security Code DVPAZ ASX +Security Description OPTION EXPIRING 22-JUN-2023 EX $0.135 Quoted/unquoted Exercise price pre consolidation or split 0.13500000 Exercise price post consolidation or split 0.67500000 ASX +Security Code DVPAW ASX +Security Description OPTION EXPIRING 18-JUL-2023 EX $0.135 Quoted/unquoted Exercise price pre consolidation or split 0.13500000 Exercise price post consolidation or split 0.67500000 ASX +Security Code DVPAV ASX +Security Description PERFORMANCE RIGHTS Quoted/unquoted Exercise price pre consolidation or split 0.00000000 Exercise price post consolidation or split 0.00000000 ASX +Security Code DVPAAC ASX +Security Description OPTION EXPIRING 01-OCT-2024 EX $1.00 Quoted/unquoted Exercise price pre consolidation or split 1.00000000 Exercise price post consolidation or split 5.00000000 ASX +Security Code DVPAAB ASX +Security Description OPTION EXPIRING 17-JUN-2025 EX $0.15 Quoted/unquoted Exercise price pre consolidation or split 0.15000000 Exercise price post consolidation or split 0.75000000 ASX +Security Code DVPAAA ASX +Security Description OPTION EXPIRING 17-JUN-2024 EX $0.15 Quoted/unquoted Exercise price pre consolidation or split 0.15000000 Exercise price post consolidation or split 0.75000000 Part 6 - Further information 6.1 Further information relating to the consolidation or split 6.2 Additional information for inclusion in the Announcement Summary Unquoted Unquoted Unquoted Unquoted Unquoted Unquoted Notification of Consolidation/Split Notification of Consolidation/Split 8 / 8
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