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Ama Group Limited (ASX:AMA)
ALERT: Price-sensitive ASX Announcement for AMA
Current share price for AMA : $0.480 0.386 (410.64%)+
Announcement
Release
1 Oct 2025 8:22AM
Price at Release
$0.094
Full Release
Summary
AMA Group Limited has announced a proposal to consolidate its issued capital on a 1 for 10 basis, subject to shareholder approval at the Annual General Meeting scheduled for 3 November 2025. This consolidation aims to simplify the capital structure by reducing the current 4.8 billion shares and 41 million performance rights, thereby potentially enhancing the share price and reducing short-term price volatility. The proposed timetable for this consolidation includes key dates such as the last day for pre-consolidation trading on 4 November 2025, commencement of post-consolidation trading on 5 November 2025, and the start of normal trading on 14 November 2025. The Board of AMA Group Limited has authorized this announcement.
Key Points
- Proposed 1 for 10 capital consolidation by AMA Group Limited.
- Shareholder approval to be sought at AGM on 3 November 2025.
- The current issued capital includes approximately 4.8 billion shares and 41 million performance rights.
- Consolidation aims to simplify capital structure and stabilize share price.
- Key dates include trading changes from 4 November 2025 and normal trading resuming on 14 November 2025.
- Board authorized announcement and consolidation details.
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.
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