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11 September 2024
| Name: | GI DYNAMICS, INC (GID) |
| ISIN: | AU000000GID7 |
| Date of Listing: | 07 September 2011 |
| Date of Delisting: | 22 July 2020 |
Stock Exchange Status:
This entity was delisted from the Australian Securities Exchange on 22 July 2020.Legal Status:
ACN: 151 239 388ABN: 97 151 239 388
Registration Date: 20 July 2011
Deregistration Date: 15 December 2020
Capital Gains Tax (CGT) Status:
This entity was deregistered on 15 December 2020. Deregistration is a Capital Gains Tax Event. In our opinion you are entitled to crystallise any capital loss in the tax year that deregistration occurs providing you have not previously done so. If you did not crystallise your loss in the tax year the entity was deregistered, you may seek to re-open that year’s assessment but anyway should seek professional advice as to how best to proceed.
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accepts no liability for any loss arising from reliance on this information, including reliance on information that is no longer current.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 Limited Sydney
Level 12, 680 George Street
Sydney NSW 2000
Tel : 61 1300 554 474
Fax : 02 9287 0303
RegistryWebsite RegistryEmail
this company deregistered today | 15/12/2020 |
delisted from the close of trading on Wednesday, 22 July 2020, pursuant to Listing rule 17.11. | 22/07/2020 |
we understand the company provided reasons for the delisting which included a preference for fundraising as a delisted company, support of major shareholders, restrictions on investment in a listed company, costs of the listing, low liquidity, valuation, amplified volatility, no current nexus with Australia, management time and effort and better prospects of achieving more sustainable funding | 22/07/2020 |
The securities of GI Dynamics, Inc will be suspended from quotation at the close of trading today, Tuesday, 21 July 2020, in accordance with Listing Rule 17.2, pending the removal from the Official List on Wednesday, 22 July 2020. | 21/07/2020 |
we understand that on or about this date the company consolidated its shares 1 for 10 | 16/04/2015 |
listed entity carried for record purposes only | 07/09/2011 |
this company deregistered today | 15/12/2020 |
delisted from the close of trading on Wednesday, 22 July 2020, pursuant to Listing rule 17.11. | 22/07/2020 |
we understand the company provided reasons for the delisting which included a preference for fundraising as a delisted company, support of major shareholders, restrictions on investment in a listed company, costs of the listing, low liquidity, valuation, amplified volatility, no current nexus with Australia, management time and effort and better prospects of achieving more sustainable funding | 22/07/2020 |
The securities of GI Dynamics, Inc will be suspended from quotation at the close of trading today, Tuesday, 21 July 2020, in accordance with Listing Rule 17.2, pending the removal from the Official List on Wednesday, 22 July 2020. | 21/07/2020 |
we understand that on or about this date the company consolidated its shares 1 for 10 | 16/04/2015 |
listed entity carried for record purposes only | 07/09/2011 |
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Purchases Sales
| DATE | DIRECTOR | NATURE | NUMBER | PRICE | AMOUNT |
|---|---|---|---|---|---|
| 25/05/2016 | Anne Keating | On market CDI | 1,200,000 | $0.020 | $24,300 |
| 13/03/2015 | Graham Bradley | On market CDI | 46,540 | $0.137 | $6,390 |
| 13/03/2015 | Anne Keating | On market CDI | 130,000 | $0.135 | $17,550 |
| NAME | TITLE | DATE OF APPT |
|---|---|---|
| Daniel Moore | Chairman | 10/09/2014 |
| Scott Schorer | President, CEO | 23/03/2016 |
| Charles R. Carter | CFO, Company Secretary | 11/12/2018 |
| Dave Bruce | Finance Director | 11/05/2018 |
| Juliet Thompson | Non Exec Director | 23/08/2017 |
| Oern Stuge | Director | 05/01/2017 |
| Praveen Tyle | Director | 02/03/2020 |
Date of first appointment, title may have changed.
| NAME | TITLE | DATE OF APPOINTMENT | DATE OF RESIGNATION |
|---|---|---|---|
| Timothy Barberich | Non Exec Director | 07/06/2011 | 30/03/2020 |
| Jim Murphy | CFO | 05/05/2016 | 01/12/2017 |
| Anne Keating | Non Exec Director | 07/06/2011 | 24/11/2017 |
| Graham Bradley | Non Exec Director | 07/06/2011 | 24/11/2017 |
| Michael Carusi | Director | 09/06/2003 | 02/06/2017 |
| Jack Meyer | Non Exec Chairman | 09/06/2003 | 05/01/2017 |
| Michael Dale | CEO, President | 18/09/2014 | 15/03/2016 |
| Robert Crane | CFO | 08/03/2015 | |
| Richard Anthon | Director | 11/12/2014 | |
| Stuart Randle | President, CEO | 09/06/2003 | 05/11/2014 |
Date of first appointment, title may have changed.
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