ONCOSIL MEDICAL LTD (ASX:OSL) Announces Security Consolidation
Security Consolidation Details
ONCOSIL MEDICAL LTD has announced a security consolidation where every 400 pre-consolidation securities will be consolidated into one post-consolidation security.
Timetable
The consolidation is effective from 30 May 2025. The last day for trading pre-consolidation securities is 2 June 2025. Trading in post-consolidation securities will commence on 3 June 2025 on a deferred settlement basis, reverting to normal T+2 settlement on 13 June 2025. The record date for the consolidation is 4 June 2025, and the issue date is 12 June 2025.
Impact on Securities
Post-consolidation, the number of ORDINARY FULLY PAID securities will reduce from 4,606,580,162 to 11,516,450. Various options and performance rights will also be consolidated, with adjusted exercise prices reflecting the consolidation ratio.
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