HELIX Resources Ltd Announces Security Consolidation
Key points
- Security consolidation on a 35:1 basis
- Shareholder approval required on 25/5/2026
- Trading in post-consolidation securities commences on 1/6/2026
Full summary
HELIX Resources Ltd has announced a security consolidation, where every 35 pre-consolidation securities will be consolidated into 1 post-consolidation security. The consolidation will affect the company's ordinary fully paid shares (HLX), options expiring on 10-Sep-2027 (HLXOA), performance rights (HLXAV), and options expiring on 21-May-2027 (HLXO). Shareholder approval for the consolidation is required and is scheduled for 25/5/2026. The record date for the consolidation is 2/6/2026, and trading in the post-consolidation securities will commence on a deferred settlement basis from 1/6/2026. The company will update its register and send holding statements to security holders by 10/6/2026, with normal T+2 trading starting on 11/6/2026.
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