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Locate Technologies Limited (ASX:LOC)

ALERT: Price-sensitive ASX Announcement for LOC
Current share price for LOC : $0.056 0 (0%)+
Announcement
Release
10 Dec 2025 5:52PM
Price at Release
$0.056
Full Release
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Summary
On 10 December 2025, Locate Technologies Limited announced that the Supreme Court of New South Wales approved its scheme of arrangement. This scheme will make a New Zealand company, Locate Technologies Limited (NZX: LOC), the new holding company. The company intends to lodge the court's orders with ASIC, making the scheme legally effective, which will result in the suspension of Locate Technologies shares from trading on the ASX. The scheme's implementation schedule includes key dates in December 2025, with the company delisting from ASX and commencing trading on NZX under the new structure.
Key Points
  • Supreme Court of New South Wales approved the scheme of arrangement.
  • New Zealand company, Locate Technologies Limited (NZX: LOC), will become the new holding company.
  • Scheme to become legally effective upon lodging with ASIC.
  • Locate Technologies shares to be suspended from ASX trading.
  • Schedule for scheme implementation includes key dates in December 2025.
  • Locate Technologies to delist from ASX and commence trading on NZX under new structure.
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.