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15 March 2025
| Name: | NETCOMM WIRELESS LIMITED (NTC) | ||||||||||||
| Date of Listing: | 21 December 1993 | ||||||||||||
| Date of Delisting: | 02 July 2019 | ||||||||||||
| Former Names: |
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Stock Exchange Status:
This entity was delisted from the Australian Securities Exchange on 02 July 2019.Legal Status:
To our knowledge this entity was the subject of a takeover or merger such that your securities were acquired for consideration in the form of cash or scrip. We have not therefore verified the current legal status of this entity. If you have questions about your shareholding, as we say elsewhere, they may be taken up here: https://www.delisted.com.au/TraceLostSharesLostMoney/index/.Capital Gains Tax (CGT) Status:
To our knowledge this entity was the subject of a takeover or merger such that your securities were acquired for consideration in the form of cash or scrip. You will need to seek independent tax advice in relation to Capital Gains Tax or other tax matters but any other enquiries relating to your shareholding in the company 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.
| Company | FROM | TO |
|---|---|---|
| NETCOMM WIRELESS LIMITED | 22/12/2011 | |
| NETCOMM LIMITED | 06/12/1999 | 22/12/2011 |
| SIRIUS TECHNOLOGIES LIMITED | 11/02/1998 | 06/12/1999 |
| NETCOMM LIMITED | 11/02/1998 |
REGISTRY:
Link Market Services Limited
Level 12, 680 George Street
Sydney NSW 2000
Tel : 61 1300 554 474
Fax : 02 9287 0303
RegistryWebsite RegistryEmail
delisted from the close of trading on Tuesday, 2 July 2019, pursuant to Listing rule 17.11. | 02/07/2020 |
we understand Casa Systems was successful with an offer of $1.10 cash for each NetComm share held on the scheme record date of 26 June 2019 | 02/07/2019 |
The scheme of arrangement between NetComm and its shareholders has been implemented today. Casa Systems now holds all of the shares in NetComm. The scheme consideration of A$1.10 for each NetComm share held on the scheme record Date (26 June 2019) was paid to NetComm shareholders today. | 01/07/2019 |
The securities of NetComm Wireless Limited will be suspended from quotation at the close of trading today, Friday, 21 June 2019, in accordance with Listing Rule 17.2, following lodgement of the Federal Court of Australia orders with the Australian Securities and Investments Commission approving the scheme of arrangement by which Casa Systems, Inc. will acquire all of the issued shares in NTC. | 21/06/2019 |
name changed from NetComm Limited | 22/12/2011 |
delisted from the close of trading on Tuesday, 2 July 2019, pursuant to Listing rule 17.11. | 02/07/2020 |
we understand Casa Systems was successful with an offer of $1.10 cash for each NetComm share held on the scheme record date of 26 June 2019 | 02/07/2019 |
The scheme of arrangement between NetComm and its shareholders has been implemented today. Casa Systems now holds all of the shares in NetComm. The scheme consideration of A$1.10 for each NetComm share held on the scheme record Date (26 June 2019) was paid to NetComm shareholders today. | 01/07/2019 |
The securities of NetComm Wireless Limited will be suspended from quotation at the close of trading today, Friday, 21 June 2019, in accordance with Listing Rule 17.2, following lodgement of the Federal Court of Australia orders with the Australian Securities and Investments Commission approving the scheme of arrangement by which Casa Systems, Inc. will acquire all of the issued shares in NTC. | 21/06/2019 |
name changed from NetComm Limited | 22/12/2011 |
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Purchases Sales
| DATE | DIRECTOR | NATURE | NUMBER | PRICE | AMOUNT |
|---|---|---|---|---|---|
| 20/09/2018 | Jacqueline Korhonen | 26,463 | $0.753 | $19,919 | |
| 06/09/2018 | David Spence | 60,000 | $0.780 | $46,776 | |
| 06/09/2018 | Stuart Black | 20,000 | $0.765 | $15,303 | |
| 08/03/2018 | David Stewart | 340,000 | $1.272 | $432,650 | |
| 29/08/2017 | David Spence | 25,000 | $1.500 | $37,500 |
| NAME | TITLE | DATE OF APPT |
|---|---|---|
| Chris Last | CFO, Company Secretary | 31/10/2016 |
| Timo Brouwer | Director, COO | 05/10/2016 |
| Steve Collins | Director, CEO | 22/02/2019 |
| Scott Bruckner | Director | 01/07/2019 |
| Peter Beveridge | Company Secretary |
Date of first appointment, title may have changed.
| NAME | TITLE | DATE OF APPOINTMENT | DATE OF RESIGNATION |
|---|---|---|---|
| Justin Milne | Non Exec Chairman | 07/03/2012 | 01/07/2019 |
| David Spence | Non Exec Director | 22/05/2017 | 01/07/2019 |
| Jacqueline Korhonen | Non Exec Director | 27/08/2018 | 01/07/2019 |
| Stuart Black | Non Exec Director | 21/03/2013 | 01/07/2019 |
| David Stewart | Non Exec Director | 14/11/1997 | 01/07/2019 |
| Ken Sheridan | Executive Director | 20/12/2010 | 28/06/2019 |
| Ken Boundy | Non Exec Director | 24/08/2012 | 21/11/2018 |
| John Brennan | Non Exec Chairman | 29/09/2000 | 21/03/2013 |
| John Burton | Non Exec Director | 29/09/2000 | 24/08/2012 |
Date of first appointment, title may have changed.
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