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ERG LIMITED (ERG)

Former Name ASX

SHARE PRICES

(updated weekly)

Former (or subsequent) names

 FROMTO
VIDELLI LIMITED11/03/2009
ERG LIMITED28/11/199411/03/2009
ERG AUSTRALIA LIMITED18/02/198828/11/1994
ENERGY RESEARCH GROUP AUSTRALIA LIMITED18/02/1988

Shareholder links

 

REGISTRY:
Computershare, Level 11, 172 St Georges Terrace, Perth WA 6000
Tel : +61 (0)3 9415 4000 or 1300 850 505 (within Australia)
Fax : +61 3 9473 2500
RegistryWebsite RegistryEmail

Company details

Address: 247 Balcatta Road , BALCATTA , WA, AUSTRALIA, 6021
Tel:  (08) 9273 1100 Fax: (08) 9273 1208

Date first listed: 18/04/1991
Company Secretary: Mr Glen Smith
Sector: Technology Hardware & Equipment Industry Group: XIJ
Activities: Development and supply of automated fare collection equipment and software systems for the transit industry and technologically advanced smart card systems and services.

name changed to Videlli Limited

11/03/2009

securities reinstated to trading

09/03/2009

securities suspended from quotation following failure to lodge financial reports for the period ended 31 December 2008

02/03/2009

securities reinstated to trading

26/05/2008

company says that it has concluded an agreement to settle an outstanding €7.6 million liability to Belgian company ATOS Worldline S.A relating to ERG's acquisition of Proton World International in 2001 - it also announced that since 31 December 2007, the Group has otherwise traded on a break even basis at the Net Profit after Tax level and expects this position to broadly continue until the 30 June 2008 balance date

22/05/2008

securities are to be reinstated to trading on Monday 26 May

22/05/2008

ERG Limited announced today that it has filed a counter claim in the Supreme Court of NSW for more than $200 million in damages against the Public Transport Ticketing Corporation ("PTTC") in respect of a claim brought against ERG and its wholly owned subsidiary Integrated Transit Solutions Ltd ("ITSL") in relation to a termination of the Sydney Tcard project

12/05/2008

company today announced a restructure of its operations following the loss of its major contract for the supply of an automated ticketing system in Sydney - ERG will sell its ongoing global business operations for approximately $125 million into a joint venture with its major shareholding group and major lender, the Ingot Entities - the sale proceeds, when received, will enable ERG to fully repay secured loans, which at the date of this announcement total approximately $115 million - it is expected that the joint venture company will be majority funded by preference capital issued to the Ingot Entities and that the ordinary share capital will be owned equally between ERG and the Ingot Entities - our opinion in relation to the value of the company's shares is unchanged

18/04/2008

the Company has today confirmed with the Supreme Court of NSW that it will be proceeding with a vigorous defence and counterclaim against litigation initiated by the Public Transport Ticketing Corporation

04/04/2008

when it announces its results for the half year ended 31 December 2007 ERG also expects to provide an update on plans to restructure the operations and capital structure of the Company at which time it is anticipated that the Company will request that the Australian Securities Exchange lift the trading suspension of the Company's shares

04/04/2008

the company advises that ERG shares are still suspended pending an announcement regarding a potential recapitalisation and restructure of the Company

14/03/2008

ERG advises that the New South Wales Government has filed a claim in the NSW Supreme Court against Integrated Transit Solutions Ltd, a subsidiary of the Company in relation to the terminated Tcard project - the Company is preparing a counterclaim to recover losses which it believes amount to approximately $250 million based on, in the Company's view, the NSW Government's unlawful termination of the Tcard contract

22/02/2008

company announces additional funding (from a subsidiary) to support ongoing business

11/02/2008

shares suspended from quotation pending release of an announcement

29/01/2008

shares reinstated to quotation following an announcement that the company has finalised arrangements for a fully underwritten $30.5m renounceable rights issue

04/11/2005

company confirms it is currently in the process of a capital raising of approximately $30 million and has been conducting investor presentations in connection with the capital raising - it expects to make a further announcement later this week, which it expects will include a request to lift the trading suspension

01/11/2005

shares suspended from quotation pending release of an announcement

28/10/2005

we understand that at its annual meeting in Melbourne on November 24, the company will be asking shareholders to approve a restructure of the company's debts to two major creditors, and now shareholders, Utilico and Ingot Capital (the shares last traded at 16 cents - in April 2000 they hit $27)

28/10/2005

we understand that on or about this date the company consolidated its shares 1 for 10

24/06/2003

we understand that on or about this date the company split its shares 3 for 1

01/11/2000

name changed from ERG Australia Limited

28/11/1994

ASX Announcements (courtesy of ASX)

 

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Does anyone have any information about whether ERG shares can be written off as a capital loss? If so, in what year? Many thanks

07/11/2018 17:10:27
can you confirm that ERG sharea have no value???16/10/2013 07:27:53
Is Videlli able to be written off for tax purposes - last information was a resolution to cancel all issued shares which was to be put to a general meeting on 14/6/12 would not be put.21/06/2013 14:09:19
Is erg listed as a total loss now or is there still something left for the shareholders. eg Can the loss be officially written of the tax.28/12/2012 20:09:40

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    Directors' on-market share transactions (last 5)

     

    Click here for the last 20 transactions all companies

    Directors & Executives (current)

    NAMETITLEDATE OF APPT
    Colin HensonChairman, Non Exec Director
    Allan SullivanCEO
    Duncan SavilleNon Exec Director
    Michael ClareyNon Exec Director

    Date of first appointment, title may have changed.

    Directors & Executives (former)

    NAMETITLEDATE OF APPOINTMENTDATE OF RESIGNATION

    Date of first appointment, title may have changed.