MERCANTILE INVESTMENT COMPANY LTD (ASX.MVT)

company is deregistered today

Strike-Off Action In Progress - company is now called MERCANTILE INVESTMENT COMPANY PTY LTD

delisted at entity's request under Listing Rule 17.11

we understand a restructure of the company's unsecured notes (ASX: MVTHA) was implemented and a total of 290,578 unsecured notes issued on the terms announced on 4 July 2023 - the novated notes commence trading on the ASX under the new ASX code SNCHA on 11 August 2023

The restructure of the company's unsecured notes (ASX: MVTHA) has now been implemented. Today Sandon Capital Investments Limited issued a total of 290,578 unsecured notes, on the terms announced on 4 July 2023. The Novated Notes will commence trading on the ASX under the new ASX code SNCHA tomorrow, 11 August 2023.

The unsecured notes of Mercantile Investment Company Ltd will be suspended at the close of trading today Monday, 7 August 2023, in accordance with Listing Rule 17.2, pending the novation of all the rights and obligations currently held by MVT (in its capacity as the issuer of the Notes) to Sandon Capital Investment Limited, resulting in SNC assuming all obligations and all liabilities in respect of the Notes.

many shareholders in this company have unclaimed money due to them - deListed provides a tracing service for a small administration fee that identifies where people can find unclaimed monies arising from compulsory acquisitions and also from dividend distributions, super contributions, inoperative bank, building society or credit union accounts, bequests and other sources - please click here for access to our Lost shares, Lost money service

The company lodges its Interim Financial Report for the Half-Year Ended 31 Dec 2021.

The company releases a notice of interest payment.

Australian Executor Trustee Limited was replaced by Certane CT Pty Ltd as trustee for the Notes. Certane provides a range of trustee services. It acts as trustee for over $5 billion in bonds and notes.

The company lodges its Financial Statements- FY 2021.

The company releases a notice of Redemption of Notes- Appendix 3H.

The company releases a cleansing statement. Mercantile gives notice as follows: The placement notes were issued without disclosure to investors under Part 6D.2 of the Corporations Act. As at the date of this notice, Mercantile has complied with: the provisions of Chapter 2M of the Corporations Act, as they apply to Mercantile; and section 674 of the Corporations Act. As at the date of this notice, there is no excluded information (within the meaning of sections 708A(7) and 708A(8) of the Corporations Act) in relation to Mercantile.

The company releases a notice of application for quotation of securities - MVT.

The Note Term Amendment Deed has been executed by MVT as issuer of the Notes and Australian Executor Trustees Limited (ACN 007 869 794), the MVT Note Trustee.

The company releases an updated notice of proposed issue of securities - MVT.

MVT yesterday held an extraordinary general meeting of MVT noteholders to seek approval to amend the terms of MVT's unsecured notes. The restructure proposal was approved by the requisite majority of noteholders voting at the meeting. The amendments to the terms of the Notes implemented under the Restructure Proposal, which included extending the maturity date from 10 July 2021 to 10 July 2026, have been approved. On 10 July 2021, MVT will redeem, a total of 82,509 Notes. The allotment of 150,000 new Notes (to raise $15 million) will occur on 1 July 2021. The interest rate to apply to all Notes on issue will be 4.8% per annum on and from 11 July 2021. SNC has executed a deed poll in favour of MVT and MVT Noteholders guaranteeing MVT's payment obligations under the terms of the MVT Notes.

The company releases the voting results of its EGM.

The company releases a notice of Interest Payment.

The company sent a letter to noteholders together with a personalised redemption election notice.

The EGM of holders of MVT Notes to consider and vote on the Restructure Proposal will be held as follows: Wednesday, 23 June 2021 at 11:00am at Suite 18, 50 Stanley Street, Darlinghurst NSW 2010 and via the Zoom.

The company releases a notice of Proposed issue of Securities - MVT.

The 8% Unsecured Notes (ASX:MVTHA) issued by Mercantile Investment Company Limited, a wholly owned subsidiary of Sandon Capital Investments Limited, are due to be redeemed on 10 July 2021. In order to accommodate Noteholders wanting to redeem their Notes on 10 July 2021 as well as those Noteholders wanting to continue with a fixed income investment paying 4.8% per annum, MVT Directors have determined that seeking approval of the Noteholders to amend the terms of the Notes is the most appropriate course of action. MVT has also undertaken a conditional placement to raise $15 million from the issue of new MVT notes to wholesale and sophisticated investors, conditional on approval of the Restructure Proposal. Importantly, the Restructure Proposal does not prevent Noteholders from requesting redemption of their investment on the original maturity date. It simply adds the choice of extending the investment in the Notes, on amended terms.

The securities of Mercantile Investment Company Ltd ("˜MVTHA') will be placed in trading halt at the request of MVTHA, pending it releasing an announcement. Unless ASX decides otherwise, the securities will remain in trading halt until the earlier of the commencement of normal trading on Thursday, 27 May 2021 or when the announcement is released to the market.

The company lodges its Interim Financial Report for the Half-Year Ended 31 Dec 2020.

The company releases a notice of Interest Payment - MVTHA.

The company lodges its Financial Statements.

The company is relying on the ASIC Relief to extend the lodgment date for its audited annual accounts to be loedged with ASIC under section 319 of the Corporations Act. In order to comply with LR 4.7A, the audited annual accounts will be lodged with ASX at the same time they are lodged with ASIC.

Grant Thornton Audit has been appointed as auditor of the Company. The appointment was made by the Company's member by ordinary resolution. The change follows the resignation of the Company's previous auditor, Pitcher Partners in accordance with Section 329(5) of the Corporations Act.

The company lodges its Interim Financial Report for the Half-Year Ended 31 Dec 2019.

Mercantile Investment Company Limited is aware of the press coverage relating to the arrest of its director Sir Ron Brierley. At this stage, the company is not in a position to comment about this matter.

The company releases a notification of interest payment & interest rate change.

The suspension of trading in the quoted fixed rate interest bearing unsecured notes (Security Code: MVTHA) issued by Mercantile Investment Company Ltd will be lifted from the commencement of trading today, Monday, 21 October 2019, following MVT's change of admission category to an "ASX Debt Listing" under Listing Rule 18.9.

company re-admitted as an ASX Debt Listing

we understand Sandon Capital Investments Limited was successful with an offer of 0.2043 Sandon Capital shares for each MVT share

The fully paid ordinary shares of Mercantile Investment Company Ltd will be removed from Official Quotation on ASX at the close of trading today, Friday 18 October 2019, in accordance with Listing Rule 17.10, following completion of the acquisition by Sandon Capital Investments Limited of all the issued ordinary shares in MVT pursuant to its off-market takeover. MVT's admission category will change to an "ASX Debt Listing" under Listing Rule 18.9 from the commencement of trading on Monday 21 October 2019. The suspension of trading in the quoted fixed rate interest bearing unsecured notes of MVT (Security Code: MVTHA) will be lifted from the commencement of trading on Monday, 21 October 2019.

Sandon Capital Investments completed the compulsory acquisition of MVT shares. MVT has given notice that it is currently holding the consideration due to MVT shareholders whose shares were compulsory acquired on trust.

The one month period during which its remaining shareholders could object to their shares being compulsorily acquired expired yesterday. The compulsory acquisition process will now complete on 17 October 2019. MVT will then be re-categorised as an ASX Debt Listing, a process that will take 2 business days to finalise. The re-categorisation will be implemented on 21 October 2019.

The NTA value per share (after all fees and expenses) as at 30 September 2019 was: Pre Tax - 0.2030 cents per share; Post Tax - 0.2023 cents per share.

ASX has formally consented to MVT's re-categorisation. MVT continues to work with ASX with respect to the timetable and will confirm to the market as soon as possible once a re-categorisation timetable has been set.

The unsecured notes on issue in MVT were also placed in subscription on 13 September 2019. The Mercantile Notes will remain suspended pending ASX approval and implementation of the proposed change to MVT's admission category to debt listing.

The securities of Mercantile Investment Company Ltd will be suspended from quotation at the close of trading today, Thursday, 19 September 2019 in accordance with Listing Rule 17.4, following despatch of the compulsory acquisition notices by Sandon Capital Investments Limited.

we understand that on or about this date the company undertook, proposed to undertake or was the subject of the following corporate action: - merger with Murchison Metals Limited - this corporate event may appear elsewhere in this company record

name changed from India Equities Fund Limited