Zimi : Consolidation/Split - ZMM

About this update from Zimi Ltd

Notification of Consolidation/Split Announcement Summary Entity name For personal use only ZIMI LIMITED Applicable security for the reorganisation ZMM ORDINARY FULLY PAID ZMMAJ PERFORMANCE RIGHTS ZMMAF PERFORMANCE SHARES RESTRICTED ZMMAA OPTION EXPIRING 31-OCT-2023 EX $0.03 ZMMAL OPTION EXPIRING 10-DEC-2023 EX $0.0001 Announcement Type New Announcement Date of this announcement 12/4/2022 Reorganisation type Security consolidation Trading in the post consolidation or split +securities commences on a deferred settlement basis 31/5/2022 Record Date 1/6/2022 Issue Date 8/6/2022 Additional Information In respect of 213,333 Performance Shares (of the approximate 320,000 Performance Shares (post-consolidation)), the performance milestone to be amended to state that Performance Shares will convert into 1 Share upon the Company achieving a share price of at least $0.45 (pre-consolidation $0.03) and a market capitalisation of at least $45,000,000, each based on the volume weighted average market price over 20 consecutive trading days during which the Company's shares have actually traded expiring 19 December 2023. Notification of Consolidation/Split 1 / 7 Notification of Consolidation/Split Refer to below for full details of the announcement For personal use only Notification of Consolidation/Split 2 / 7 Notification of Consolidation/Split Announcement Details For personal use only ASX +Security Code ASX +Security Description ZMM ORDINARY FULLY PAID ZMMAJ PERFORMANCE RIGHTS ZMMAF PERFORMANCE SHARES RESTRICTED ZMMAA OPTION EXPIRING 31-OCT-2023 EX $0.03 ZMMAL OPTION EXPIRING 10-DEC-2023 EX $0.0001 Part 2 - Approvals Part 1 - Entity and announcement details 1.1 Name of +Entity ZIMI LIMITED 1.2 Registered Number Type ACN 1.3 ASX issuer code ZMM 1.4 The announcement is New announcement 1.5 Date of this announcement 12/4/2022 1.6 Securities affected by the consolidation or split Registration Number 113326524 2.1 Are any of the below approvals required for the consolidation or split before business day 0 of the timetable? Security holder approval Notification of Consolidation/Split 3 / 7 Notification of Consolidation/Split 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. For personal use only Yes 2.2 Approvals Approval/Condition +Security holder approval Date for determination 27/5/2022 Is the date estimated or actual? Approval received/condition met? Actual Comments Part 3 - Consolidation or split timetable and details 3.1 +Record date 1/6/2022 3.2 Date of +security holder meeting 27/5/2022 3.2a Effective date of consolidation or split 27/5/2022 3.3 Last day for trading in the pre consolidation or split +securities 30/5/2022 3.4 Trading in the post consolidation or split +securities commences on a deferred settlement basis. 31/5/2022 3.5 Record date 1/6/2022 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. 2/6/2022 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) 8/6/2022 3.8 Trading starts on a normal T+2 basis 9/6/2022 Notification of Consolidation/Split 4 / 7 Notification of Consolidation/Split 3.9 First settlement of trades conducted on a +deferred settlement basis and on a normal T+2 basis 14/6/2022 Part 4 - Event type and details For personal use only 4.1 The event is +Security consolidation 4.1a Consolidation ratio: the +securities will be consolidated on the basis that every 15 (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 ZMM Quoted/unquoted Quoted ASX +Security Code ZMMAJ Quoted/unquoted Unquoted ASX +Security Code ZMMAF Quoted/unquoted Unquoted ASX +Security Description ORDINARY FULLY PAID Number on issue pre consolidation or split 979,919,428 ASX +Security Description PERFORMANCE RIGHTS Number on issue pre consolidation or split 1,440,000 Number on issue post consolidation or split 65,327,962 Number on issue post consolidation or split 96,000 ASX +Security Description PERFORMANCE SHARES RESTRICTED Number on issue pre consolidation or split 4,800,000 Number on issue post consolidation or split 320,000 Estimate/Actual Estimated Estimate/Actual Estimated Estimate/Actual Estimated Notification of Consolidation/Split 5 / 7 This is an excerpt of the original content. To continue reading it, access the original document here .

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