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World Stocks

Range Resources

Consolidation and name change

(ASX:RRS / AIM:RRL / PINK:RGRLF & RGRYY)
Informed Discussion. No ramping. No deramping.

Consolidation and name change

Post Wed Nov 06, 2019 10:13 am

I'm not sure this has been covered elsewhere, but I received the following from Hargreaves Lansdowne last night via email. Just posting in case anyone missed it (I probably did!)

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Range Resources - Consolidation & Name Change
Dear Mr XXX

The Board of Range Resources Ltd has announced proposals of a reorganisation of the Company's share capital. Subject to shareholder approval at the Annual General Meeting to be held on Friday 29 November 2019, shareholders as at the close of business on 4 December 2019 will have their holding consolidated, receiving 1 new share in place of every 100 previously held. The new consolidated shares are expected on Thursday 5 December 2019.

Alongside the Consolidation, the Company also intends to change its name to Star Phoenix Group Ltd.

Please note, if the proposals are approved, we will credit the shares to your Account upon receipt from the Registrar which may not be before 8.00am on Thursday 5 December 2019.
RPG1983
 
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