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26 March 2025
| Name: | ADACEL TECHNOLOGIES LIMITED (ADA) |
| ISIN: | AU000000ADA7 |
| Date of Listing: | 27 February 1998 |
| Date of Delisting: | 07 January 2025 |
Stock Exchange Status:
This entity was delisted from the Australian Securities Exchange on 07 January 2025.Legal Status:
ACN: 079 672 281ABN: 15 079 672 281
Registration Date: 08 September 1997
Capital Gains Tax (CGT) Status:
To our knowledge this entity was delisted for reasons unrelated to either the takeover of its shares or the redemption of its securities. If you are seeking to crystallise a capital loss for tax purposes that process can be easily and quickly initiated at our online Worthless Shares facility here: https://www.delisted.com.au/sell-worthless-and-other-securities/. Any other enquiries relating to your securities should be followed up via our online form here: https://www.delisted.com.au/TraceLostSharesLostMoney/index/.
Updates, corrections, disagreements please email to admin@delisted.com.au
Further information: deListed and InvestoGain are operated by Investogain Pty Limited which is licensed by ASIC as an Australian Financial Services Licensee (AFSL 334036). deListed acquires only securities that it deems to be of little or no value, in circumstances where the holder is unable to sell their securities on-market in the normal manner. This service has been provided online via the company’s website www.delisted.com.au since 2004.
Getting advice: Information provided in this section is of a general nature and applicable only to Australian tax residents who hold their investments on capital account (ie for long-term investment purposes). It has been prepared without taking into account your financial needs or tax situation. Before acting on the information, deListed suggests that you consider whether it is appropriate for your circumstances and recommends that you seek independent legal, financial, or taxation advice.
Disclaimer: The information provided above is to the best of our knowledge accurate as of today. But you should bear in mind that it is of a general nature and does not constitute financial or tax advice. Investogain Pty Limited accepts no liability for any loss arising from reliance on this information, including reliance on information that is no longer current.
REGISTRY:
Boardroom Pty Ltd
Level 8, 210 George Street, Sydney NSW 2000
Tel : +61 2 9290 9600 or 1300 737 760
Fax : +61 2 9279 0664 or 1300 653 459
RegistryWebsite RegistryEmail
delisted at entity's request under Listing Rule 17.11 | 07/01/2025 |
we understand the company delisted because of low trading volumes adversely affecting share price, possible dilution if capital was to be raised, compliance costs and management effort - the company offered to buy-back unmarketable parcels prior to the delisting at 50 cents a share | 07/01/2025 |
The securities of Adacel Technologies Limited will be suspended from quotation immediately under Listing Rule 17.2, at the request of ADA, in accordance with ADA's timetable released on 23 October 2024. ADA will be removed from the Official List at the close of trading on Wednesday, 8 January 2025 at the request of ADA, under Listing Rule 17.11 after security holders resolved to remove ADA from the Official List. | 06/01/2025 |
listed entity carried for record purposes only | 01/07/2004 |
delisted at entity's request under Listing Rule 17.11 | 07/01/2025 |
we understand the company delisted because of low trading volumes adversely affecting share price, possible dilution if capital was to be raised, compliance costs and management effort - the company offered to buy-back unmarketable parcels prior to the delisting at 50 cents a share | 07/01/2025 |
The securities of Adacel Technologies Limited will be suspended from quotation immediately under Listing Rule 17.2, at the request of ADA, in accordance with ADA's timetable released on 23 October 2024. ADA will be removed from the Official List at the close of trading on Wednesday, 8 January 2025 at the request of ADA, under Listing Rule 17.11 after security holders resolved to remove ADA from the Official List. | 06/01/2025 |
listed entity carried for record purposes only | 01/07/2004 |
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REGISTRY Change to Board Room | 07/08/2024 14:51:57 |
Purchases Sales
| DATE | DIRECTOR | NATURE | NUMBER | PRICE | AMOUNT |
|---|---|---|---|---|---|
| 01/12/2021 | Michael McConnell | 22,222 | $1.069 | $23,766 | |
| 15/07/2020 | Michael McConnell | 320,000 | $0.566 | $181,088 | |
| 19/03/2020 | Michael McConnell | 230,000 | $0.384 | $88,320 | |
| 20/08/2019 | Michael McConnell | 112,158 | $0.473 | $53,034 | |
| 21/11/2018 | Michael McConnell | 100,000 | $0.659 | $65,878 |
| NAME | TITLE | DATE OF APPT |
|---|---|---|
| Michael McConnell | Non Exec Chairman | 01/05/2017 |
| Daniel Verret | CEO, CFO | 01/07/2019 |
| Silvio Salom | Non Exec Director | 28/10/1997 |
| David P. Smith | Non Exec Director | 28/10/1997 |
| Peter Landos | Non Exec Director | 26/02/2009 |
| Sally McDow | Company Secretary |
Date of first appointment, title may have changed.
| NAME | TITLE | DATE OF APPOINTMENT | DATE OF RESIGNATION |
|---|---|---|---|
| Natalya Jurcheshin | Non Exec Director | 07/10/2016 | 31/12/2024 |
| Mauro Ferrara | CFO | 25/10/2021 | 08/05/2023 |
| Gary Pearson | CEO | 18/06/2010 | 31/03/2019 |
| Jean-Philippe Duval | CFO | 05/10/2016 | 01/10/2018 |
| Julian Beale | Non Exec Director | 24/06/2003 | 16/11/2017 |
| Kevin Courtney | Non Exec Director | 20/10/1998 | 18/11/2016 |
| Seth Brown | CEO, CFO | 02/01/2008 | 29/10/2015 |
| Alexander Waislitz | Non Exec Director | 29/08/2003 | 26/02/2009 |
| Kerry Adby | Non Exec Director | 24/12/1997 | 16/10/2003 |
| Roderick Carnegie | Chairman | 24/12/1997 | 12/09/2003 |
| Michael Coomer | Non Exec Director | 21/05/2000 | 01/02/2002 |
Date of first appointment, title may have changed.
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