Completion of Share Consolidation
Released
Released
Announcement PDF
ASX:ST1
10 December 2024
Completion of Share Consolidation
Spirit Technology Solutions (“Spirit” ASX:ST1), a leading provider of secure digital transformation and
secure work environments, is pleased to advise that the consolidation of the issued capital of the Company
on a ten (10) for one (1) basis, as approved by shareholders at the Annual General Meeting held on 29
November 2024, is now complete (Consolidation).
The Company’s post-consolidation capital structure is as follows:
Security
PreConsolidation
Securities
PostConsolidation
Securities*
PreConsolidation
Option
Exercise Price
PostConsolidation
Option
Exercise Price
ST1: Fully Paid Ordinary
Shares
1,890,454,045
189,045,983
N/A
N/A
ST1AS: Option Expiring
29 September 2029
12,195,116
1,219,518
$0.041
$0.41
ST1AT: Option Expiring
10 October 2029
10,099,310
1,009,932
Nil
Nil
ST1AD: Option Expiring
21 September 2026
52,944,445
5,294,449
$0.09
$0.90
ST1AE: Option Expiring
24 July 2029
26,666,664
2,666,668
$0.0375
$0.375
ST1AB:
Rights
Performance
48,182,152
4,818,217
N/A
N/A
ST1AO:
Notes**
Convertible
1,000,000
1,000,000
N/A
N/A
*Where the consolidation results in a shareholder’s account having an entitlement to a fraction of a
share, option or performance right, the fraction was rounded up to the next whole number of shares,
options or performance rights.
**Post-Consolidation there will remain 1,000,000 Convertible Notes on issue, however the Convertible
Notes will by their terms be similarly consolidated such that the relevant conversion price for each
convertible note is increased by a factor of ten (10).
New holding statements are being dispatched to security holders advising them of their security holding
on a post-consolidation basis.
Trading on a normal T+2 settlement basis will commence on Thursday, 12 December 2024.
- ENDS -
Spirit Technology Solutions
ABN 73 089 224 402
spirit.com.au
Secure. Sustainable. Scalable.
ASX:ST1
This announcement is authorised for release to the market by the Board of Directors of Spirit
Technology Solutions Ltd.
For further information, please contact:
Corporate:
Julian Challingsworth
Managing Director
03 8554 1300 or
julian.challingsworth@spirit.com.au
Investors:
Gabriella Hold
Automic Markets
+61 (0) 411 364 382
gabriella.hold@automicgroup.com.au
For more information, please visit
www.spirit.com.au
Business Address: Level 2, 19-25 Raglan Street,
South Melbourne VIC 3205
About Spirit Technology Solutions:
Spirit Technology Solutions is an ASX listed provider to Australian businesses of innovative secured
managed services, cyber security and collaboration and communications platforms.
We are building the secure digital workplace for Australian businesses. Our mission is to “Make our
customers secure, sustainable and scalable, while living our team values”
Spirit Technology Solutions
ABN 73 089 224 402
spirit.com.au
Secure. Sustainable. Scalable.
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