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PACIFIC ENERGY LIMITED (PEA)

Delisted from ASX 03/12/2019

SHARE PRICES

(discontinued 17 July 2020)

Former (or subsequent) names

 FROMTO
PACIFIC ENERGY LIMITED31/07/1998
PACIFIC NICKEL LIMITED02/07/199731/07/1998
ARBOYNE NL02/07/1997

Shareholder links

Our website ranking of PEA: rating 4
(4 out of 5)
COMPANY WEBSITE:

 

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: 338 Gnangara Road, Landsdale, WA 6065
Tel:  +61 8 9303 8888 Fax: +61 8 9303 8899

Date first listed: 02/04/1987
Company Secretary: Michael Kenyon
Sector: Utilities
Industry Group: XUJ
Activities: Investment in infrastructure and mineral projects, either in operation or development.

delisted from the close of trading on Tuesday, 3 December 2019, pursuant to Listing rule 17.11.

03/12/2019

we understand QGIF Swan Bidco was successful with an offer for the shares in PEA and shareholders have been paid $1.07 per share comprising $1.005 scheme consideration and a special dividend of $0.065

03/12/2019

The scheme of arrangement by which QGIF Swan Bidco will acquire 100% of Pacific Energy has been implemented. All Pacific Energy shares have been transferred to QIC. Pacific Energy shareholders who were on the register on the Special Dividend Record Date, 21 November 2019, and who continued to hold their shares until the Scheme Record Date, 25 November 2019, have been paid $1.07 per share. An application has been made to remove Pacific Energy from the Official List of the ASX as at close of trade on 3 December 2019 or as soon as practicable thereafter. The Company has applied to the ATO requesting a class ruling in relation to the tax implications of the Special Dividend, including the ability to attach franking credits to the Special Dividend. The application is progressing well and is in the advanced stages.

02/12/2019

The company releases its 2019 AGM Results.

29/11/2019

The company provides an update on its notification of dividend/distribution. Court orders were lodged with ASIC and scheme of arrangement has become effective.

19/11/2019

The securities of Pacific Energy Limited will be suspended from quotation at the close of trading today, Monday, 18 November 2019, in accordance with Listing Rule 17.2, following lodgement of the Supreme Court orders with the Australian Securities and Investments Commission approving the scheme of arrangement by which QGIF Swan Bidco Pty Ltd will acquire all of the issued shares in PEA.

18/11/2019

securities reinstated to quotation

04/12/2008

securities suspended from quotation pending an announcement

27/11/2008

we understand that on or about this date the company consolidated its shares 2 for 1

25/08/2006

we understand that on or about this date the company made an in specie distribution of 1 share in Echelon Resources Limited for every 6 shares in the company

25/08/2006

name changed from Pacific Nickel Limited

31/07/1998

ASX Announcements (courtesy of ASX)

 

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    Directors' on-market share transactions (last 5)

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    Purchases Sales

    DATEDIRECTORNATURENUMBERPRICEAMOUNT
    15/10/2018James Cullen300,000$0.539$161,700
    13/09/2018James Cullen200,000$0.538$107,600
    28/01/2016Ken HallOn market68,668$0.380$26,094
    14/02/2013Adam BoydOn market2,000,000$0.480$960,000

    Click here for the last 20 transactions all companies

    Directors & Executives (current)

    NAMETITLEDATE OF APPT
    Cliff LawrensonNon Exec Chairman23/08/2010
    James CullenManaging Director, CEO01/06/2015
    Michael KenyonCFO19/05/2016
    Linton PutlandIndependent Director18/10/2016
    Alan FosterNon Exec Director20/02/1998
    Ken HallDirector11/05/2009

    Date of first appointment, title may have changed.

    Directors & Executives (former)

    NAMETITLEDATE OF APPOINTMENTDATE OF RESIGNATION
    Louis RozmanNon Exec Director08/05/200911/10/2016
    Gregory DickAlternate Director01/12/201111/10/2016
    Adela CiuprykCFO07/09/201119/05/2016
    Adam BoydManaging Director, CEO23/06/200631/03/2015
    Grant WalshCFO02/09/201303/09/2014

    Date of first appointment, title may have changed.