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NEPTUNE MARINE SERVICES LIMITED (ASX.NMS)

ASX, Legal & CGT Status

SHARE PRICES

(updated at weekends)
Former (or subsequent) names
Shareholder links
Our website ranking of NMS: rating 4
(4 out of 5)
COMPANY WEBSITE:

 

REGISTRY:
Computershare Perth
Level 17, 221 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: C/ Ian Hobson, Suite 5, 95 Hay Street, Subiaco WA 6008
Tel:  +61 8 9388 8290 Fax: +61 8 6242 2211

Date first listed: 15/04/2004

Sector: Energy
Industry Group: XEJ
Activities: Ongoing development and the commercialisation of the Neptune Marine Dry Welding System.

name changed to Blossomvale Holdings Ltd

12/11/2019

we understand that on or about this date the company consolidated its shares 1 for 30

07/08/2014

shares reinstated to quotation

10/03/2011

announces it has reached the minimum subscription of $60 million required to proceed with its capital raising and is now working closely with the Joint Lead Managers (Patersons Securities Limited and Euroz Securities Limited) on the placement of additional shortfall stock in order to complete the raising. The Company will advise of the final quantum of the raising next week

03/03/2011

the Company confirms that it has today satisfied all conditions precedent to first draw down of funds pursuant to the Company's revised banking facilities which were agreed on 21 December 2010 and formalised in the term debt and working capital facilities agreement dated 31 January 2011 between National Australia Bank (NAB), the Company and each of the Company's subsidiaries

01/03/2011

Neptune Marine Services Limited (ASX: NMS, Neptune or the Company) was today informed by its Share Registry, Computershare, that the BPay function by which shareholders could transfer funds to take up their entitlement offer was down for all shareholders with a Commonwealth Bank account. The Company is working closely with Computershare to ensure that all shareholders who attempted to transfer funds today will be accommodated so that they are not unfairly penalised by way of the Commonwealth Bank BPay function being down today. All shareholders affected are urged to call Computershare Call Centre on 1300 136 502

01/03/2011

releases Half Yearly Report and Accounts - it reflects a loss of $136m, continuing cash deficits at operating level and a statement by auditors that there is a significant uncertainty whether the company can continue as a going concern

25/02/2011

Neptune today provided guidance for its half year results, which will be released on 28 February 2011. The unaudited results for the six months ended 31 December 2010 show: ? A significant recovery in the operating performance of the business in the December second quarter following a loss in the September first quarter. ? A major write down of asset values. The Company has recorded a near break?even operating result for the December quarter, before write downs and one?off costs, following an EBIT loss in the September quarter of $6 million (announced at the November 2010 AGM). Revenue for the half was approximately $70 million, with revenue in the December quarter being nearly 40% up on the September quarter

21/02/2011

company has arranged several shareholder information sessions (in Brisbane, Sydney, Melbourne and Perth) that will include a presentation from Acting CEO, Mr Robin King and the opportunity to ask questions of the company

14/02/2011

company writes to shareholders and optionholders regarding the capital raising of $80.6m at an offer price of 5 cents a share

31/01/2011

company issues a Notice of Meeting and Proxy Form for a General Meeting of Neptune Marine Services Limited to be held at 10.00am (WST) on Tuesday 1 March 2011 at Level 19, 140 St George's Tce Perth - the General Meeting has been rescheduled from its original date of 10 February 2011 and the documents previously sent to shareholders in relation to that meeting have been superseded by this new Notice of Meeting and Proxy Form

28/01/2011

as part of its restructure, Neptune has conducted a comprehensive review of balance sheet carrying values of its assets and has undertaken write downs totalling $99.5 million - the write downs will be included in the result for the half year ended 31 December 2010 - following the outcome of the review, the pricing of the $80.6 million capital raising announced in December 2010 has been adjusted to $0.05 per share from $0.06 as previously advised

25/01/2011

the Company has given notice of a general meeting to approve the Offer to be held on 10 February 2011. Due to the restructure of the Offer it is necessary to cancel that meeting and give notice of a new meeting at which shareholders will be asked to approve the terms of the Offer, as restructured. Subject to ASX approval, it is expected that that new notice of meeting is expected to be dispatched to shareholders on Monday 31 January 2011 with an intended meeting date of 4 March 2011

25/01/2011

announces an update to the timetable for its proposed capital raising. It was originally intended that the prospectus (Prospectus) for the Company's proposed 3?for?1 nonrenounceable entitlement offer would be lodged by today. A small number of issues regarding the raising have yet to be finalised, necessitating a delay in lodgement of the Prospectus. Neptune expects those issues to be resolved in the very near future. It is expected that the delays will only affect the capital raising timetable in the front end, such that the closing date for the entitlement offer will remain 24 February 2011 and the date on which the Company's shares will resume trading on the ASX will remain Friday, 25 February 2011 (in accordance with the timetable previously announced by the Company on 22 December 2010)

19/01/2011

a general meeting of Neptune Marine Services Ltd (Neptune or Company) will be held at: Venue: Level 19, 140 St Georges Terrace, Perth WA 6000 Date: Thursday, 10 February 2011 Time: 10.00am (WST)

10/01/2011

announces it has been contracted by BHP Billiton Iron Ore to carry out a program of inspection and maintenance at the Finucane Island port facility

04/01/2011

company announces $80.6 million equity capital raising to recapitalise its balance sheet and set a platform for a turnaround in financial performance

22/12/2010

company continues to work with its bank - the Company maintains the view that an uninformed market is likely to result if the Company's securities are requoted at this time. As soon as the Company is able to provide a further update in relation to the timing and progress of the above mentioned matters, the Company will make a more detailed announcement to shareholders and the market other capital providers and advisers to progress a recapitalisation programme

14/12/2010

releases AGM Chairman`s Address

30/11/2010

company is working on capital management issues - further update 25 Nov

22/11/2010

securities suspended from quotation pending an announcement

19/11/2010

securities reinstated to quotation

05/06/2009

securities suspended from quotation pending an announcement

04/06/2009

securities reinstated to quotation

14/12/2007

securities suspended from quotation pending an announcement

12/12/2007

securities reinstated to quotation

24/04/2007

securities suspended from quotation pending an announcement

17/04/2007

shares reinstated to quotation

17/10/2006

shares suspended from quotation at the request of the company

12/10/2006

securities reinstated to quotation following an announcement

20/06/2006

securities suspended from quotation pending an announcement

16/06/2006
View ASX Announcements (courtesy of ASX)

 

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    Directors' on-market share transactions (last 5)

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    Purchases Sales

    DATEDIRECTORNATURENUMBERPRICEAMOUNT
    13/09/2016Robin King150,000$0.392$58,785
    29/09/2014Boon KuahOn market SGD71,000$1.312$93,160
    04/04/2012John CooperOn market1,000,000$0.035$35,000
    18/11/2011Ross KennanOn market400,000$0.029$11,600
    02/09/2011Robert ScottOn market500,000$0.030$15,243

    Click here for the last 20 transactions all companies

    Directors & Executives (current)
    NAMETITLEDATE OF APPT
    Boon KuahNon Exec Chairman16/03/2011
    Vincent AllegreCOO06/08/2012
    Ashley MuirheadCFO
    Nicholas CocksIndependent Director02/01/2018
    Peter WallaceNon Exec Director08/07/2011
    Robin KingExecutive Director, CEO25/06/2013
    Ian HobsonCompany Secretary

    Date of first appointment, title may have changed.

    SPECIAL NOTE: During May 2024 we are working to remove duplications in the Company Secretary role.

    Directors & Executives (former)
    NAMETITLEDATE OF APPOINTMENTDATE OF RESIGNATION
    Dominic SiuNon Exec Director25/06/201302/01/2018
    Colin NapierCFO01/08/201106/01/2014
    Jeff DowlingNon Exec Director01/12/201125/06/2013
    John CooperNon Exec Director04/04/201225/06/2013
    Ross KennanChairman22/03/200727/11/2012
    Robert ScottNon Exec Director01/02/200830/03/2012

    Date of first appointment, title may have changed.