REGIONAL EXPRESS HOLDINGS LIMITED (ASX.REX)

Conversion Of Company From Public To Pty - no longer being monitored

The company advises ASIC a resolution has been passed to change its type from a public company to a private (pty) company.

The company applies to ASIC to change its type from a public company to a private (pty) company.

The company notifies ASIC of changes to its share structure which may include changes to the class of shares (e.g. converting ordinary shares to preference shares), amendments to the terms on which shares are issued, or the consolidation/splitting of shares.

The company notifies ASIC of the appointment or cessation of a director or company secretary.

ASIC updates the record to show a Notification of Resolution Changing the Company Name was Approved

ASIC processes a Notification of Financial Assistance Details

ASIC is advised that the administrator of the Deed of Company Arrangement has completed their duties and the administration process has concluded.

The company notifies ASIC of a change in its ultimate holding company.

The company notifies ASIC of the appointment or cessation of a director or company secretary.

The status of the organisation has been changed from External Administered to Registered as of 18/12/2025

A copy of the company's minutes documenting key decisions about the company's administration (where the administration is not under S.436E or S.439A) is lodged with ASIC.

ASIC is advised that the administrator has completed their duties and the administration process has concluded.

A copy of the company's minutes documenting key decisions about the company's administration is lodged with ASIC.

A copy of the Deed of Company Arrangement is lodged with ASIC.

ASIC is notified of the appointment or replacement of an administrator of the Deed of Company Arrangement.

The administrator reports on the company's financial status, updates on the administration's progress, and the administrator's activities in managing the company.

The administrator provides creditors with a detailed analysis of the company's financial position and options for its future.

A copy of the company's minutes documenting key decisions about the company's administration (where the administration is not under S.436E or S.439A) is lodged with ASIC.

delisted by ASX under Listing Rule 17.12

we understand the company was delisted because of failure to lodge a periodic report for a continuous period of more than 1 year after the report became due

Entities with securities suspended for over three months must lodge periodic reports, meet a 1 year deadline for the oldest outstanding report, and execute plans for resuming trading to ASX's satisfaction. Failure to meet deadlines results in removal from the official list.

The company has extended the convening period for the second creditors' meeting to 5 December 2025, extending the voluntary administration. The Commonwealth Government has also entered into amendments to provide up to $30 million in further financing.

The Administrators have received offers for the sale or recapitalisation of the Group since June 2025. They have narrowed the bidder field to successful transactions, thanks to strong interest from interested parties. To finalize negotiations, they plan to extend voluntary administration to December 2025, collaborating with the Commonwealth.

Entities that have been suspended for more than three months due to their unfiled periodic reports, along with the oldest overdue report deadline and their two-year deadline for trading plans, will be removed from the official list if these conditions are not fulfilled.

The company confirms that non-core asset sale proceeds have been used to repay PAGAC Regulation Holding Pte. Ltd's remaining debt, while remaining proceeds are used to repay existing debt within the Group.

The company releases an update on non-core asset disposals. It has been exploring and pursuing the sale of non-core assets, including a flight simulator and an aircraft. The proceeds will be used to repay debt and close the sales.

The Administrators are initiating a sale or recapitalisation process for the Group, with Houlihan Lokey managing the process and anticipating a competitive bid from interested parties.

The company announced on 23 January 2025 that PAGAC Regulus Holding Pte. Ltd's debt assignment to the Commonwealth of Australia was completed.

The entities suspended for over three months failed periodic reports, the oldest outstanding report deadline, and their 2 year deadline for trading plans. If not met, they will be removed from the official list, usually after the first trading day.

The company successfully completed the sale of Pel-Air ambulance business and debt financing to Toll Holdings Limited, using proceeds to repay secured debt.

The company has been involved in civil proceedings by the Australian Securities and Investments Commission in the Supreme Court of NSW. The proceedings are based on allegations of misleading and deceptive conduct, contraventions of continuous disclosure obligations, and involvement of former executive chair Lim Kim Hai. ASIC will seek declarations, penalties, and disqualification orders against Lim and the named directors and former director of Rex.

The company completed the sale of Air Partner's 50% shareholding in National Jet Express to existing shareholders of NJE, using proceeds to repay secured debt.

The Australian Government has agreed to provide up to $80 million to Rex Group, including Regional Express Holdings, Air Partners, Regional Express, Rex Airlines, and Rex Investment Holdings, to maintain regional routes during a proposed extension of voluntary administration. The assistance follows Rex's announcement to sell the Pel-Air ambulance business to Helicorp Pty Ltd, part of Toll Aviation, to repay secured debt.

The company has agreed to sell its Pel-Air ambulance business and debt financing to Toll Holdings Limited for A47,100,000. The sale is expected to be completed in Q4 2024.

The Administrators of the Rex Group give notice that they intend to rely on the relief set out in ASIC Corporations (Externally-Administered Bodies) Instrument 2015/251 which provides for the deferral of financial reporting obligations for a minimum period of 6 months and up to a maximum period of 24 months from the date of appointment of the Administrators.

Regional Express Holdings Limited and a number of its subsidiaries have entered voluntary administration.

The securities of Regional Express Holdings Limited will be suspended from quotation immediately under Listing Rule 17.3.1, following the announcement on 30 July 2024 of the appointment of voluntary administrators of REX and its subsidiaries set out in the schedule of the announcement. ASX has determined REX's financial condition is not adequate to warrant the continued quotation of its securities and therefore does not comply with Listing Rule 12.2. The securities will remain suspended until such time that ASX is satisfied with REX's compliance with the Listing Rules, including Listing Rule 12.2, and that it is otherwise appropriate for REX's securities to be reinstated to quotation.

Regional Express Holdings Limited (REX) has paid a penalty of $66,000 after ASIC issued an infringement notice alleging it had not complied with its continuous disclosure obligations.

listed entity carried for record purposes only