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GI DYNAMICS, INC (GID)

Delisted from ASX 22/07/2020

SHARE PRICES

Former (or subsequent) names

 

Shareholder links

Our website ranking of GID: rating 5
(5 out of 5)
COMPANY WEBSITE:

 

REGISTRY:
Link Market Services, Rhodes Corporate Park, 1A Homebush Bay Drive, Rhodes NSW 2138
Tel : +61 1300 554 474
Fax : +61 2 9287 0303
RegistryWebsite RegistryEmail

Company details

ISIN: AU000000GID7
Address: KPMG, Level 38, Tower 3 International Towers Sydney, 300 Barangaroo Avenue Sydney NSW 2000 Australia
Tel:  +61 2 9103 9494 Fax: (02) 9229 2727

Date first listed: 07/09/2011
Company Secretary: Charles Carter
Sector:  INC"
Industry Group: Health Care Equipment & Services
Activities: Development and commercialisation of effective non-surgical approaches for the treatment of type 2 diabetes and obesity

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

ASX Announcements (courtesy of ASX)

 

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    Directors' on-market share transactions (last 5)

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    Purchases Sales

    DATEDIRECTORNATURENUMBERPRICEAMOUNT
    25/05/2016Anne KeatingOn market CDI1,200,000$0.020$24,300
    13/03/2015Graham BradleyOn market CDI46,540$0.137$6,390
    13/03/2015Anne KeatingOn market CDI130,000$0.135$17,550

    Click here for the last 20 transactions all companies

    Directors & Executives (current)

    NAMETITLEDATE OF APPT
    Daniel MooreChairman10/09/2014
    Scott SchorerPresident, CEO23/03/2016
    Charles R. CarterCFO11/12/2018
    Dave BruceFinance Director11/05/2018
    Juliet ThompsonNon Exec Director23/08/2017
    Praveen TyleDirector02/03/2020
    Oern StugeDirector05/01/2017

    Date of first appointment, title may have changed.

    Directors & Executives (former)

    NAMETITLEDATE OF APPOINTMENTDATE OF RESIGNATION
    Timothy BarberichNon Exec Director07/06/201130/03/2020
    Jim MurphyCFO05/05/201601/12/2017
    Anne KeatingNon Exec Director07/06/201124/11/2017
    Graham BradleyNon Exec Director07/06/201124/11/2017
    Michael CarusiDirector09/06/200302/06/2017
    Jack MeyerNon Exec Chairman09/06/200305/01/2017
    Michael DaleCEO, President18/09/201415/03/2016
    Robert CraneCFO08/03/2015
    Richard AnthonDirector11/12/2014
    Stuart RandlePresident, CEO09/06/200305/11/2014

    Date of first appointment, title may have changed.