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Alcidion Group Limited (ASX:ALC)

ALERT: Price-sensitive ASX Announcement for ALC
Current share price for ALC : $0.110 0.01 (10%)+
Announcement
Release
9 Oct 2026 8:16AM
Price at Release
$0.100
Full Release
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Summary
Alcidion Group Limited (ASX: ALC) announced its 2026 Notice of Annual General Meeting on 9 October 2026, advising that the AGM will be held virtually at 4:00pm AEDT on Thursday, 12 November 2026, with shareholders able to register online, attend, vote, ask questions and appoint proxies; the meeting will consider the 30 June 2026 financial statements and reports, an advisory vote to adopt the remuneration report, the re-election of Rebecca Wilson as a director, and a proposed 10-for-1 consolidation of issued shares and performance rights intended to simplify the capital structure and improve share price presentation without changing underlying value, with the company stating that the board recommends voting in favour of all resolutions, the record date for voting entitlement is 7:00pm AEDT on 10 November 2026, proxy forms are due by 4:00pm AEDT on 10 November 2026, and if approved the capital consolidation is scheduled to take effect from 12 November 2026 with normal trading in reorganised securities commencing on 25 November 2026.
Key Points
  • Announcement released on 9 October 2026 for Alcidion Group Limited's 2026 Notice of Annual General Meeting.
  • The AGM will be held virtually at 4:00pm AEDT on Thursday, 12 November 2026.
  • Shareholders can register online, attend, vote, ask questions in real time and submit written questions by 5 November 2026.
  • The meeting will receive the financial statements, directors’ report and auditor’s report for the financial year ended 30 June 2026.
  • Resolution 1 seeks adoption of the remuneration report on an advisory basis.
  • Resolution 2 seeks the re-election of Rebecca Wilson as a director.
  • Resolution 3 seeks approval for a 10-to-1 consolidation of shares and performance rights, with fractional holdings rounded up.
  • The company had 1,349,805,153 shares and 26,698,244 performance rights on issue before the proposed consolidation.
  • If approved, the post-consolidation capital would be approximately 134,980,515 shares and 2,669,824 performance rights.
  • The board recommends shareholders vote in favour of all resolutions and the chair intends to vote available undirected proxies in favour.
  • The voting record date is 7:00pm AEDT on Tuesday, 10 November 2026.
  • Proxy appointments must be received by 4:00pm AEDT on Tuesday, 10 November 2026.
  • If approved, normal trading in reorganised securities is scheduled to commence on 25 November 2026.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.