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:

Infratil releases Climate Related Disclosures
The Warehouse Group Appoints Chief Digital & Transformation
The Financial Collapse Has Already Begun - Will You Be Caught Off Guard?
NWF - IMPLEMENTATION OF SCHEME OF ARRANGEMENT
EROAD Publishes FY25 Group Climate Statement
Synlait provides performance update
Air New Zealand Chief Executive Officer Appointment
July 30th Morning Report
IKE 1Q FY26 Performance Update
July 29th Morning Report