STARGROUP LIMITED (ASX.STL)

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.

delisted from the commencement of trading on 3 February 2020 pursuant to Listing rule 17.12.

we understand this company failed and ASX removed the company from listing because its securities have not been quoted for more than three years

The Deed Administrators wish to advise an amendment to the announcement lodged with the Australian Securities Exchange on 2 November 2018. In this announcement, the options exercise price was incorrectly listed as $0.05. The correct option exercise price should have been listed as $5.00.

The Deed Administrators confirm that, further to the resolution carried at the shareholders meeting of 17 October 2018, consolidation of the Company's issued capital was completed by the Australian Securities Exchange on 30 October 2018.

we understand that on or about this date the company consolidated its shares 1 for 100

The company releases the results of its meeting.

The company releases a notification of consolidation. Shareholders get 1 share for every 100 presently owned.

The company releases a notice of general meeting. The meeting will be held on Wednesday 17 October 2018 at 11.00am (WST) at Level 15, Brookfield Place 125 St Georges Terrace Perth WA 6000.

Under Listing Rule 17.6, any entity (if not already suspended) that has not paid its annual listing fees by close of business on Tuesday, 21 August 2018 will have its securities suspended from official quotation before the commencement of trading on Wednesday, 22 August 2018. In accordance with Listing Rule 16.5, entities that pay their annual listing fees after Tuesday, 21 August 2018 must pay by bank cheque only. Under Listing Rule 17.15, any entity that has not paid its annual listing fees as required by Listing Rule 16.5 by 5.00 pm AEST on Tuesday, 28 August 2018 will be removed from the Official List with effect from the close of trading on Tuesday, 28 August 2018.

Following a scheduled ASX internal system change affecting the Market Announcements Platform, it has been necessary to re-apply the "˜Suspend' session state. This announcement serves to re-confirm the securities of this entity remain suspended.

The Administrators advise that at the adjourned Second Meeting of Creditors held on 30 May 2018, creditors resolved that the Company should execute a Deed of Company Arrangement to recapitalise the Company with the Deed Proponent, Otsana. The DOCA was executed on 21 June 2018.

The sale process is now complete and resulted in the successful disposal of the business and assets of Stargroup. The sale also included the shares held by Stargroup in certain related bodies corporate and other investments. The total purchase consideration was $8.5 million. The bid was selected by the Receivers as it was the highest in value, had the lowest conditionality and was the only bid capable of completion. Completion occurred on 12 March 2018 and control of the day to day operations of Stargroup has transferred to the Purchaser from this date. The Administrators of the listed entity are now seeking expressions of interest for the recapitalisation of the listed shell of Stargroup Limited.

ASIC has granted an extension of the company's AGM until the earlier of: 30 May 2018; or 2 months after the company ceases to be under external administration.

The application for extension of the convening period was granted on 12 December 2017. The effect of the extension is that the latest date by which the second meeting of creditors of the Companies is now required to be convened is 19 March 2018.

The administrators have lodged an application with ASIC to adjourn the AGM of the company for a period of up to approximately six months.

Simon Theobald, Melissa Humann and Stephen Longley of PPB Advisory were appointed joint and several Administrators of the Company and three of its subsidiaries on 21 November 2017.

Goldfields Money Limited has signed a new service agreement to continue providing bailment services to Stargroup.

Receivers and Managers were appointed to the Company and three of its subsidiaries on 19 November 2017. Richard Tucker and John Bumbak of KordaMentha Restructuring have been appointed as Receivers and Managers of the Companies.

Goldfields Money Limited provides an update on its bailment funding agreemnet with Stargroup. Cash deployed by Goldfields Money under the terms of the existing bailment funding agreement with Stargroup is and remains the property of Goldfields Money.

A strategic review of the business is still ongoing and the debt restructuring previously advised is making progress but still requiring additional time. Stargroup is therefore requesting that the suspension of its securities remain in place until the earlier of the release of an announcement or prior to the commencement of trading on 20 November 2017.

The company is undertaking a strategic review of the business, and the debt restructuring is still progressing. Stargroup requests a further voluntary suspension until the earlier of the release of the announcement or prior to the commencement of trading on 13 November 2017.

The company releases its Appendix 4G.

The company's AGM will be held at 10:00am (WST) on 29 November 2017 at The Growth Box, 5 Carson Road, Malaga, western Australia, 6090.

The company is still in negotiations, and searching for a suitable replacement director and therefore requests a further suspension of its securities. This request is until the earlier of the release of the announcement or prior to the commencement of trading on 6 November 2017.

The debt restructuring is still progressing and has not yet been completed. Therefore, the company requests a further voluntary suspension be granted. The request will be until the earlier of the release of the announcement or prior to the commencement of trading on 26 October 2017.

The securities of Stargroup Limited will be suspended from quotation immediately, at the request of the Company in accordance with Listing Rule 17.2 pending the release of an announcement in relation to a restructure of debt.

The securities of Stargroup Limited will be reinstated to official quotation at the commencement of trading on Thursday, 29 September 2016 following lodgement of an announcement in relation to an acquisition.

Stargroup Limited has signed an exclusive MOU with Indue Limited to purchase various assets relating to a national ATM switching, settlement, processing, telecommunications and ATM reseller business. The MOU will enable Stargroup and Indue to undertake due diligence and negotiate to enter into binding asset sale agreements and other contractual documentation in relation to the transaction. Upon completion, Stargroup will provide ATM switching services for 70 ATM Deployers, 1,700 ATMs and 1,350 modems, processing approximately 12,000,000 transactions per annum. Consideration is $6.5 million payable in cash and the acquisition is to be fully funded via debt. The projected annualised revenue increase is $4.1 million and the projected annualised EBITDA increase is $1.7 million. Completion is expected in December 2016.

The negotiations in relation to the acquisition as announced on 22 September 2016 are still ongoing and therefore Stargroup Limited requests a further voluntary suspension be granted by the Australian Securities Exchange with respect to its securities. The voluntary suspension is requested until the earlier of the release of the announcement or prior to the commencement of trading on Monday 3 October 2016.

The securities of Stargroup Limited will be suspended from quotation immediately, at the request of the Company in accordance with Listing Rule 17.2.

The securities of Stargroup Limited (Company) will be reinstated to official quotation immediately following lodgement of an announcement in relation to an acquisition and capital raising.

Stargroup will expand its ATM network to 365 machines with acquisition of a 97 ATM machine network from CashmyATM. Consideration is $4.54 million, 10% to be paid in STL shares above market at $0.05 (escrowed for 12 months) and balance in cash.

The securities of Stargroup Limited (Company) will be suspended from quotation immediately, at the request of the Company in accordance with Listing Rule 17.2.

name changed from Icash Payment Systems Limited