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NOVACOAT HOLDINGS LIMITED (ASX.NVC)

ASX Announcements (courtesy of ASX)

20052006

ASX, Legal & CGT Status

SHARE PRICES

(updated at weekends)
2005 2006   ALL
Former (or subsequent) names
CompanyFROMTO
DECMIL GROUP LIMITED22/06/2009
PALADIO GROUP LIMITED03/01/200622/06/2009
NOVACOAT HOLDINGS LIMITED03/01/2006
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Company details


Date first listed: 22/04/2005

name changed to Paladio Group Limited

03/01/2006

on 14 December 2004 Novacoat Holdings Ltd (NHL) was demerged from Virtualplus Holdings Ltd (VHL), formerly mBox.com Limited - the demerger involved a return of capital of $0.02162 per share in VHL - this amount was compulsorily applied as a consideration for the acquisition of shares in NHL - VHL shareholders were entitled to one NHL share for every 10 of their VHL shares - the cost base of VHL shares just before the demerger (not including indexation) is spread across those VHL shares and the NHL shares received for the VHL shares - the spread is based on the value of VHL that NHL represented at that time - that is, 30.44% - the remaining 69.56% is spread across the VHL shares

14/12/2004
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