BIG UN LIMITED (ASX.BIG)

a loss declaration has been issued and the capital loss can therefore be claimed in the financial year the declaration is issued (this declaration was issued on 8 April 2020)

Neil Cussen of Deloitte appointed liquidator

delisted from the close of trading on Tuesday, 28 August 2018 pursuant to Listing rule 17.15.

we understand the company failed and is in administration - it was delisted because it did not pay its annual ASX listing fee

Neil Cussen and Matthew Donnelly of Deloitte appointed administrators

Under Listing Rule 17.6, any entity (if not already suspended) that has not paid its annual listing fees by close of business on Tuesday, 21 August 2018 will have its securities suspended from official quotation before the commencement of trading on Wednesday, 22 August 2018. The company has not paid their annual listing fees in respect of the year ending 30 June 2019 but the securities are already suspended from official quotation. In accordance with Listing Rule 16.5, entities that pay their annual listing fees after Tuesday, 21 August 2018 must pay by bank cheque only. Under Listing Rule 17.15, any entity that has not paid its annual listing fees as required by Listing Rule 16.5 by 5.00 pm AEST on Tuesday, 28 August 2018 will be removed from the Official List with effect from the close of trading on Tuesday, 28 August 2018.

Following a scheduled ASX internal system change affecting the Market Announcements Platform, it has been necessary to re-apply the "˜Suspend' session state. This announcement serves to re-confirm the securities of this entity remain suspended.

The company lodges its Half Year Report and Accounts - 31 December 2017.

The company received a notice from ASIC on 19 June 2018 which stated that BIG was required to lodge its financial statements and reports for the half-year ended 31 December 2017 on or before 3 July 2018. BIG advised ASIC on 2 July 2018 that the half year report was substantially complete and it was not in a position to lodge the report by 3 July 2018 as its auditor was overseas. ASIC declined to withdraw the notice based on the aforementioned. ASIC has now informed BIG that it intends to commence NSW Court proceedings against BIG, which will be listed in mid-August 2018 requiring BIG to lodge its Half Year Report within a certain timeframe. To date, BIG has not been served with any Court documents and has reserved its rights in respect of any such application.

The second meeting of creditors of BRTV was held on 26 June 2018. At that meeting, the creditors approved the implementation of a DOCA. On 30 June 2018, BRTV, the administrators, AS Capital Ventures Pty Limited, BIG, Brandon Evertz and Sonia Thurston executed the DOCA. Under the terms of the DOCA, Cameron Gray and Anthony Elkerton have been appointed joint and several Deed Administrators. BIG has completed a transaction with IMG pursuant to which BIG has transferred to IMG all of the issued capital of BHA Media Pty Ltd, Food and Beverage Group and A List Guide. BIG also transferred 1,000 shares in Wayfarer Media Pty Ltd, such that IMG now owns 51% of that company and BIG owns 49%. BIG also transferred 125,000 shares in Bellr Pty Ltd such that it retains 4.95% of that company.

ASIC had issued BIG with a notice which requires lodgement of the company's financial statements and reports for the half-year ended 31 December 2017, on or before 2 July 2018. The Board is working diligently to lodge these reports on or before the time provided for in the Notice.

The administrator of Big Review TV has today released its Administrators' Report and Statement of Opinion to Creditors.

HotCopper provides an update in light of recent announcements by BIG Un Limited. HotCopper does not have any reason to believe that the details set-out in the BIG announcement dated 22nd May 2018 concerning the voluntary administration of BRTV has any material impact on HotCopper. HotCopper continues to offer video services to its clients, these services are delivered by service providers other than BRTV or BIG. The decision to make use of video service providers other than BRTV or BIG is related to marketing and production traction achieved by use of alternative service providers. HotCopper does not expect any revenue or profit impact related to announcements by BIG, recent or otherwise.

The directors of Big Review TV Ltd, a wholly owned subsidiary of BIG, have placed BRTV into voluntary administration. The purpose of BRTV entering into voluntary administration is to allow for the restructure of its business via a DOCA and preserve value for shareholders of BIG Un Limited. BIG Un Limited will continue to operate the BHA Media Pty Ltd and Food and Beverage Media Pty Ltd businesses, which will continue to be run by existing management, from existing premises.

reports that the key financier to the company has offloaded its exposure in a deal with an insolvency expert and staff in the United States were informed operations would cease

ASIC has made a determination under section 713(6) of the Corporations Act 2001 that BIG may not rely on section 713 of the Act (special prospectus content rules for continuously quoted securities) until 2 May 2019. This has arisen due to BIG not lodging its 31 December 2017 half-year report with ASIC by 15 March 2018. If BIG wishes to issue a prospectus prior to 3 May 2019, it must comply with the full-form prospectus requirements of the Act. BIG advises that this is a discrete determination by ASIC and BIG is still in discussions with ASIC with regard to other matters and there is no certainty at this stage as to when the securities of BIG will be reinstated to quotation.

The Board of Big Un Limited advises that it has, in accordance with the announcement dated 10 November 2017, issued the BHA Media Acquisition Shares to The Intermedia Group Pty Ltd on Friday 20 April 2018. As BIG Un Limited is currently suspended from trading, the parties have entered into a restriction agreement which stipulates that the BHA Media Acquisition Shares will be issued upon the earlier of a period of 12 months or BIG Un Limited issuing a prospectus.

The company refers to reports in the media concerning the criminal record of Mr. Richard Evertz. The National Police Check indicated that there were no "disclosable court outcomes" or outstanding matters in relation to Mr Richard Simon Evertz. At all times the Company was aware of the offences in the media reports but formed the view that at all relevant times they were spent convictions that did not require disclosure.

ASX Limited announced on Wednesday, 21 February 2018 that the securities of Big Un Limited were suspended from official quotation in accordance with Listing Rule 17.2 pending the Company's response to ASX's enquiries. The Company's securities will continue to remain suspended in accordance with listing rule 17.3, pending further enquiries by ASX and ASIC.

The company issues a response to ASX Query Letters.

The securities of Big Un Limited will be suspended from quotation immediately, in accordance with listing rule 17.2, pending the release of the Company's response to ASX's enquiries.

securities reinstated to quotation

name changed from Republic Gold Limited