Consolidation/Split - GTR

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Stock Gti Energy Ltd (GTR.ASX)
Release Time 14 Jul 2025, 12:10 p.m.
Price Sensitive Yes
 GTR.ASX Consolidates Shares 40:1
Key Points
  • Consolidation of GTR ordinary shares, performance rights and options
  • Consolidation ratio of 40:1
  • Shareholder approval received on 13 August 2025
  • Trading in post-consolidation shares commences on 18 August 2025
Full Summary

GTI Energy Ltd (ASX:GTR) has announced a consolidation of its securities on a 40:1 basis. The consolidation applies to the company's ordinary fully paid shares (GTR), Class C performance rights expiring 23 February 2027 (GTRAI), options expiring 25 September 2028 (GTROC), and Class D performance rights expiring 11 October 2027 (GTRAN). Shareholder approval for the consolidation was received on 13 August 2025. Trading in the post-consolidation securities will commence on a deferred settlement basis on 18 August 2025, with the record date set for 19 August 2025 and the issue date for the new securities on 26 August 2025. Normal T+2 trading will begin on 27 August 2025. The consolidation will reduce the total number of ordinary shares on issue from 3,708,940,520 to 92,723,513, while the other security classes will also be consolidated on the same 40:1 ratio.