InvestSMART

Cluey Ltd (ASX:CLU)

ALERT: Price-sensitive ASX Announcement for CLU
Current share price for CLU : $0.013 0.003 (30%)+
Release
14 Aug 2026 9:52AM
Price at Release
$0.010
Full Release
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Summary
Cluey Ltd announced a Minimum Holding Buy-Back program for shareholders holding less than marketable parcels of shares, valued under $500 as per ASX rules. This buy-back, priced at $0.009 per share, allows eligible shareholders to sell their shares back to the company at a 10% premium over the average trading price for the previous 30 days. Shareholders have the option to retain their shares by submitting a Retention Form by 29 September 2026. The program will be funded by Cluey's reserves, with an estimated cost of $36,122, and is part of the process leading to Cluey's delisting from the ASX by 6 October 2026.
Key Points
  • Cluey Ltd is conducting a Minimum Holding Buy-Back for shareholders with less than marketable parcels of shares.
  • Under ASX rules, less than marketable parcels are those valued at under $500.
  • The buy-back price is set at $0.009 per share, a 10% premium over the 30-day volume weighted average price preceding 13 August 2026.
  • Eligible shareholders can choose to sell their shares back to the company or retain them by completing a Retention Form.
  • The buy-back process will be funded by Cluey's existing cash reserves and is expected to cost approximately $36,122.
  • Key dates include the Record Date on 13 August 2026, and the closing for Retention Forms on 29 September 2026.
  • Cluey Ltd will be delisted from the ASX effective 6 October 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.