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

• General Capital Limited Announces Share Consolidation 
• Corporate Action Notice

Comments from our readers

No comments yet

Add your comment:

Your name:
Your email:	Not displayed to the public
Comment:
Comments to Sharechat go through an approval process. Comments which are defamatory, abusive or in some way deemed inappropriate will not be approved. It is allowable to use some form of non-de-plume for your name, however we recommend real email addresses are used. Comments from free email addresses such as Gmail, Yahoo, Hotmail, etc may not be approved.

Anti-spam verification:

Type the text you see in the image into the field below. You are asked to do this in order to verify that this enquiry is not being performed by an automated process.

Related News:

CEN - Contact Chair to retire this year, new Chair appointed
May 1st Morning Report
GTK - Gentrack's Veovo Acquires Dubai Technology Partners
SML - Additional information following Bright Dairy announcement
April 30th Morning Report
Rua Bioscience Market Update
FSF - Fonterra announces interim leadership changes
April 29th Morning Report
NZK - Blue Endeavour Pilot Farm and Wellboat Update
TRU - FY 31 March 2026 Revenue and Results Guidance Achieved