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26 March 2025
| Name: | ERG LIMITED (ERG) (This company subsequently changed its name and is now VIDELLI LIMITED. You should refer to that name for Status.) | |||||||||
| Date of Listing: | 18 April 1991 | |||||||||
| Subsequent Names: |
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| Former Names: |
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Stock Exchange Status:
This company subsequently changed its name and is now VIDELLI LIMITED. You should refer to that name for Stock Exchange Status.Legal Status:
This company subsequently changed its name and is now VIDELLI LIMITED. You should refer to that name for Legal Status.Capital Gains Tax (CGT) Status:
This company subsequently changed its name and is now VIDELLI LIMITED. You should refer to that name for Capital Gains Tax Status.
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accepts no liability for any loss arising from reliance on this information, including reliance on information that is no longer current.
| Company | FROM | TO |
|---|---|---|
| VIDELLI LIMITED | 11/03/2009 | |
| ERG LIMITED | 28/11/1994 | 11/03/2009 |
| ERG AUSTRALIA LIMITED | 18/02/1988 | 28/11/1994 |
| ENERGY RESEARCH GROUP AUSTRALIA LIMITED | 18/02/1988 |
REGISTRY:
Computershare Perth
Level 17, 221 St Georges Terrace, Perth WA 6000
Tel : +61 (0)3 9415 4000 or 1300 850 505 (within Australia)
Fax : +61 3 9473 2500
RegistryWebsite RegistryEmail
name changed to Videlli Limited | 11/03/2009 |
securities reinstated to trading | 09/03/2009 |
securities suspended from quotation following failure to lodge financial reports for the period ended 31 December 2008 | 02/03/2009 |
securities reinstated to trading | 26/05/2008 |
company says that it has concluded an agreement to settle an outstanding €7.6 million liability to Belgian company ATOS Worldline S.A relating to ERG's acquisition of Proton World International in 2001 - it also announced that since 31 December 2007, the Group has otherwise traded on a break even basis at the Net Profit after Tax level and expects this position to broadly continue until the 30 June 2008 balance date | 22/05/2008 |
securities are to be reinstated to trading on Monday 26 May | 22/05/2008 |
ERG Limited announced today that it has filed a counter claim in the Supreme Court of NSW for more than $200 million in damages against the Public Transport Ticketing Corporation ("PTTC") in respect of a claim brought against ERG and its wholly owned subsidiary Integrated Transit Solutions Ltd ("ITSL") in relation to a termination of the Sydney Tcard project | 12/05/2008 |
company today announced a restructure of its operations following the loss of its major contract for the supply of an automated ticketing system in Sydney - ERG will sell its ongoing global business operations for approximately $125 million into a joint venture with its major shareholding group and major lender, the Ingot Entities - the sale proceeds, when received, will enable ERG to fully repay secured loans, which at the date of this announcement total approximately $115 million - it is expected that the joint venture company will be majority funded by preference capital issued to the Ingot Entities and that the ordinary share capital will be owned equally between ERG and the Ingot Entities - our opinion in relation to the value of the company's shares is unchanged | 18/04/2008 |
the Company has today confirmed with the Supreme Court of NSW that it will be proceeding with a vigorous defence and counterclaim against litigation initiated by the Public Transport Ticketing Corporation | 04/04/2008 |
when it announces its results for the half year ended 31 December 2007 ERG also expects to provide an update on plans to restructure the operations and capital structure of the Company at which time it is anticipated that the Company will request that the Australian Securities Exchange lift the trading suspension of the Company's shares | 04/04/2008 |
the company advises that ERG shares are still suspended pending an announcement regarding a potential recapitalisation and restructure of the Company | 14/03/2008 |
ERG advises that the New South Wales Government has filed a claim in the NSW Supreme Court against Integrated Transit Solutions Ltd, a subsidiary of the Company in relation to the terminated Tcard project - the Company is preparing a counterclaim to recover losses which it believes amount to approximately $250 million based on, in the Company's view, the NSW Government's unlawful termination of the Tcard contract | 22/02/2008 |
company announces additional funding (from a subsidiary) to support ongoing business | 11/02/2008 |
shares suspended from quotation pending release of an announcement | 29/01/2008 |
shares reinstated to quotation following an announcement that the company has finalised arrangements for a fully underwritten $30.5m renounceable rights issue | 04/11/2005 |
company confirms it is currently in the process of a capital raising of approximately $30 million and has been conducting investor presentations in connection with the capital raising - it expects to make a further announcement later this week, which it expects will include a request to lift the trading suspension | 01/11/2005 |
shares suspended from quotation pending release of an announcement | 28/10/2005 |
we understand that at its annual meeting in Melbourne on November 24, the company will be asking shareholders to approve a restructure of the company's debts to two major creditors, and now shareholders, Utilico and Ingot Capital (the shares last traded at 16 cents - in April 2000 they hit $27) | 28/10/2005 |
we understand that on or about this date the company consolidated its shares 1 for 10 | 24/06/2003 |
we understand that on or about this date the company split its shares 3 for 1 | 01/11/2000 |
name changed from ERG Australia Limited | 28/11/1994 |
name changed to Videlli Limited | 11/03/2009 |
securities reinstated to trading | 09/03/2009 |
securities suspended from quotation following failure to lodge financial reports for the period ended 31 December 2008 | 02/03/2009 |
securities reinstated to trading | 26/05/2008 |
company says that it has concluded an agreement to settle an outstanding €7.6 million liability to Belgian company ATOS Worldline S.A relating to ERG's acquisition of Proton World International in 2001 - it also announced that since 31 December 2007, the Group has otherwise traded on a break even basis at the Net Profit after Tax level and expects this position to broadly continue until the 30 June 2008 balance date | 22/05/2008 |
securities are to be reinstated to trading on Monday 26 May | 22/05/2008 |
ERG Limited announced today that it has filed a counter claim in the Supreme Court of NSW for more than $200 million in damages against the Public Transport Ticketing Corporation ("PTTC") in respect of a claim brought against ERG and its wholly owned subsidiary Integrated Transit Solutions Ltd ("ITSL") in relation to a termination of the Sydney Tcard project | 12/05/2008 |
company today announced a restructure of its operations following the loss of its major contract for the supply of an automated ticketing system in Sydney - ERG will sell its ongoing global business operations for approximately $125 million into a joint venture with its major shareholding group and major lender, the Ingot Entities - the sale proceeds, when received, will enable ERG to fully repay secured loans, which at the date of this announcement total approximately $115 million - it is expected that the joint venture company will be majority funded by preference capital issued to the Ingot Entities and that the ordinary share capital will be owned equally between ERG and the Ingot Entities - our opinion in relation to the value of the company's shares is unchanged | 18/04/2008 |
the Company has today confirmed with the Supreme Court of NSW that it will be proceeding with a vigorous defence and counterclaim against litigation initiated by the Public Transport Ticketing Corporation | 04/04/2008 |
when it announces its results for the half year ended 31 December 2007 ERG also expects to provide an update on plans to restructure the operations and capital structure of the Company at which time it is anticipated that the Company will request that the Australian Securities Exchange lift the trading suspension of the Company's shares | 04/04/2008 |
the company advises that ERG shares are still suspended pending an announcement regarding a potential recapitalisation and restructure of the Company | 14/03/2008 |
ERG advises that the New South Wales Government has filed a claim in the NSW Supreme Court against Integrated Transit Solutions Ltd, a subsidiary of the Company in relation to the terminated Tcard project - the Company is preparing a counterclaim to recover losses which it believes amount to approximately $250 million based on, in the Company's view, the NSW Government's unlawful termination of the Tcard contract | 22/02/2008 |
company announces additional funding (from a subsidiary) to support ongoing business | 11/02/2008 |
shares suspended from quotation pending release of an announcement | 29/01/2008 |
shares reinstated to quotation following an announcement that the company has finalised arrangements for a fully underwritten $30.5m renounceable rights issue | 04/11/2005 |
company confirms it is currently in the process of a capital raising of approximately $30 million and has been conducting investor presentations in connection with the capital raising - it expects to make a further announcement later this week, which it expects will include a request to lift the trading suspension | 01/11/2005 |
shares suspended from quotation pending release of an announcement | 28/10/2005 |
we understand that at its annual meeting in Melbourne on November 24, the company will be asking shareholders to approve a restructure of the company's debts to two major creditors, and now shareholders, Utilico and Ingot Capital (the shares last traded at 16 cents - in April 2000 they hit $27) | 28/10/2005 |
we understand that on or about this date the company consolidated its shares 1 for 10 | 24/06/2003 |
we understand that on or about this date the company split its shares 3 for 1 | 01/11/2000 |
name changed from ERG Australia Limited | 28/11/1994 |
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Does anyone have any information about whether ERG shares can be written off as a capital loss? If so, in what year? Many thanks | 07/11/2018 17:10:27 |
| can you confirm that ERG sharea have no value??? | 16/10/2013 07:27:53 |
| Is Videlli able to be written off for tax purposes - last information was a resolution to cancel all issued shares which was to be put to a general meeting on 14/6/12 would not be put. | 21/06/2013 14:09:19 |
| Is erg listed as a total loss now or is there still something left for the shareholders. eg Can the loss be officially written of the tax. | 28/12/2012 20:09:40 |
| NAME | TITLE | DATE OF APPT |
|---|---|---|
| Colin Henson | Chairman, Non Exec Director | |
| Allan Sullivan | CEO | |
| Michael Clarey | Non Exec Director | |
| Duncan Saville | Non Exec Director | |
| Glen Smith | Company Secretary |
Date of first appointment, title may have changed.
Date of first appointment, title may have changed.
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