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07 November 2024
| Name: | OTHERLEVELS HOLDINGS LIMITED (OLV) |
| ISIN: | AU000000OLV7 |
| Date of Listing: | 31 March 2015 |
| Date of Delisting: | 10 August 2020 |
Stock Exchange Status:
This entity was delisted from the Australian Securities Exchange on 10 August 2020.Legal Status:
ACN: 603 987 266ABN: 88 603 987 266
Registration Date: 02 February 2015
Capital Gains Tax (CGT) Status:
The securities in this entity, in our opinion, are of little or no value. We have made that assessment by reference to the circumstances leading to a suspension and/or delisting, the length of a suspension, share trading history and last on-market share price, most recent financial and cash flow statements, prospects (including likelihood of re-financing), and other factors including in particular whether the entity is in external administration. If you are seeking to crystallise a capital loss on your securities, 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/.
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accepts no liability for any loss arising from reliance on this information, including reliance on information that is no longer current.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:
Link Market Services Brisbane
Level 21, 10 Eagle Street
Brisbane QLD 4000
Tel : +61 7 3320 2200 or 1300 554 474
Fax : +61 2 9287 0303
RegistryWebsite RegistryEmail
Shareholders in this company should consider crystallising a capital loss in 2024/25 by selling their shares. This process is now much easier and quicker. It can be achieved online by entering transaction details here. While, this usually makes good economic sense we recommend you seek professional advice before buying or selling securities, your accountant is probably the best person. | 10/07/2024 |
delisted from the close of trading on Monday, 10 August 2020, pursuant to Listing rule 17.11. | 10/08/2020 |
we understand the company delisted because of its low share price, low levels of trading liquidity, highly concentrated shareholdings, inability to raise capital at prices reflecting underlying asset values and administrative and compliance costs | 10/08/2020 |
The securities of Otherlevels Holdings Limited will be suspended from quotation immediately under Listing Rule 17.2 after security holders resolved to remove OLV from the Official List of ASX Limited. OLV will be removed from the Official List of ASX at the close of trading today, Monday 10 August 2020 in accordance with Listing Rule 17.11. | 10/08/2020 |
listed entity carried for record purposes only | 31/03/2015 |
Shareholders in this company should consider crystallising a capital loss in 2024/25 by selling their shares. This process is now much easier and quicker. It can be achieved online by entering transaction details here. While, this usually makes good economic sense we recommend you seek professional advice before buying or selling securities, your accountant is probably the best person. | 10/07/2024 |
delisted from the close of trading on Monday, 10 August 2020, pursuant to Listing rule 17.11. | 10/08/2020 |
we understand the company delisted because of its low share price, low levels of trading liquidity, highly concentrated shareholdings, inability to raise capital at prices reflecting underlying asset values and administrative and compliance costs | 10/08/2020 |
The securities of Otherlevels Holdings Limited will be suspended from quotation immediately under Listing Rule 17.2 after security holders resolved to remove OLV from the Official List of ASX Limited. OLV will be removed from the Official List of ASX at the close of trading today, Monday 10 August 2020 in accordance with Listing Rule 17.11. | 10/08/2020 |
listed entity carried for record purposes only | 31/03/2015 |
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Purchases Sales
| DATE | DIRECTOR | NATURE | NUMBER | PRICE | AMOUNT |
|---|---|---|---|---|---|
| 19/05/2020 | Ian Lowles | 17,593 | $0.003 | $51 | |
| 06/12/2017 | Brian Mitchell | 232,531 | $0.029 | $6,743 | |
| 05/12/2017 | Brendan O’Kane | 90,000 | $0.028 | $2,511 | |
| 09/11/2017 | Brian Mitchell | 315,000 | $0.026 | $8,190 | |
| 26/05/2017 | Brendan O’Kane | 134,869 | $0.033 | $4,446 |
| NAME | TITLE | DATE OF APPT |
|---|---|---|
| Brian Mitchell | Non Exec Chairman | 31/03/2015 |
| Brendan O’Kane | Managing Director, CEO | 31/03/2015 |
| Peter Harding-Smith | CFO | 03/05/2016 |
| Ashika Lala | CFO | 06/09/2017 |
| Tanya Cox | Independent Director | 31/03/2015 |
| Cris Nicolli | Independent Director | 17/01/2018 |
| Ian Lowles | Non Exec Director | 31/03/2015 |
| Andrew Ritter | Company Secretary |
Date of first appointment, title may have changed.
| NAME | TITLE | DATE OF APPOINTMENT | DATE OF RESIGNATION |
|---|---|---|---|
| Andrew Ritter | CFO | 30/09/2016 | 06/09/2017 |
| Stephen Baxter | Non Exec Director | 31/03/2015 | 31/12/2016 |
| Malcolm J. Thompson | Alternate Director | 31/03/2015 | 23/06/2016 |
| Alexander Scott | CFO | 31/03/2015 | 03/05/2016 |
| Ramsey Masri | CEO | 31/03/2015 | 07/12/2015 |
Date of first appointment, title may have changed.
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