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Klevo Group Limited (ASX:KLV)

ALERT: Price-sensitive ASX Announcement for KLV
Current share price for KLV : $0.510 0.455 (827.27%)+
Announcement
Release
21 Jul 2026 9:30AM
Price at Release
$0.055
Full Release
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Summary
Klevo Rewards Limited has announced a General Meeting scheduled for 21 August 2026, to be held virtually. Key agenda items include ratifying the issue of LDA Options, consolidating company capital on a 10:1 basis, and approving the issuance of shares to raise up to $15 million. Shareholders will also vote on changing the company name to 'Klevo Group Limited' and varying terms of various KLV options. Shareholders eligible to vote must be registered by 19 August 2026. A Proxy Form is included for shareholders to appoint a proxy to vote on their behalf.
Key Points
  • The meeting is scheduled for 21 August 2026, at 11:30 am AEST, held virtually.
  • Shareholders must be registered by 19 August 2026 to vote.
  • Resolution 1 seeks ratification for the issue of 92,157,898 LDA Options.
  • Resolution 2 proposes a consolidation of company capital on a 10:1 basis.
  • Resolution 3 requests approval to issue shares to LDA to raise up to $15,000,000.
  • Resolution 4 proposes changing the company name to 'Klevo Group Limited'.
  • Resolutions 5 to 8 involve varying terms of existing KLV options.
  • A Proxy Form is provided for appointing a proxy to vote on behalf of shareholders.
  • The meeting includes considerations under the Corporations Act and ASX Listing Rules.
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.