Key Developments: Aevum Limited (AVE.AX)
1.71AUD
3 Sep 2010
$0.02 (+1.19%)
$1.68
$1.69
$1.71
$1.69
197,117
142,335
$1.77
$1.01
Latest Key Developments
Aevum Limited Clarification Regarding Interim Dividend
Aevum Limited announced that the payment of the interim dividend on March 24, 2010, the shares will trade on the ASX as ex dividend from the start of trading on February 26, 2010. The record date for determination of eligible shareholders and participation in the Dividend Reinvestment Plan (DRP) remains March 4, 2010, as announced earlier.
Aevum Limited Declares Interim Dividend
Aevum Limited announced that it has declared an interim dividend of $0.02 per security for interim reporting period ended December 31, 2009, to be paid on March 24, 2010.
Aevum Limited Announces Implementation Of IOR Group Limited Merger
Aevum Limited announced that the merger of the Company and IOR Group Limited has taken place. 48,275,105 new Aevum shares were issued to the IOR shareholders in consideration for the transfer of all of the shares in IOR to Aevum. IOR is now a wholly owned subsidiary of Aevum. The total number of Aevum shares on issue is now 176,723,834 shares. Trading of the new Aevum shares on a normal settlement basis will commence on February 1, 2010.
Aevum Limited To Merge With IOR Group Limited
Aevum Limited and IOR Group Limited announced that they have entered into a Merger Implementation Agreement (MIA) under which the Company will acquire all of the shares in IOR (the Proposal). Under the Proposal each IOR shareholder will receive eight new shares of the Company for every nine IOR shares that they hold (which is expected to comprise a total issue to IOR shareholders of 48,275,000 new shares of the Company).
Aevum Limited Announces Final Dividend
Aevum Limited announced total full year dividend per share of AUD0.04.
Aevum Limited Announces Ownership Interest Of Eley Griffiths Group Pty Limited
Aevum Limited announced that Eley Griffiths Group Pty Limited has an interest of 6519739 shares, representing 5.09% of the voting shares of the Company.
Aevum Limited Updates H1 2009 Earnings Guidance; Issues H2 2009 Earnings Outlook; FY 2009 Earnings Outlook Below Analysts' Estimates; To Reduce Dividend
Aevum Limited announced that for the first half of 2009, it expects net profit after tax impact, inclusive of operational performance and financing costs, likely to be a loss of $15 million to $20 million. For the second half of 2009, it expects to report a profit of $3 million to $5 million. For fiscal 2009, it expects net profit after tax to be loss $10 million to $17 million. According to Reuters Estimates, analysts were expecting the Company to report net profit of AUD24 million for fiscal 2009. The Company also announced that the Directors will reduce the interim dividend to 2.0 cents per security (pcp 4.5 cents).
Stockland Acquires Strategic Stake In Aevum Limited
Stockland announced that it has acquired a strategic 14.4% stake in listed retirement living operator Aevum Limited from Babcock & Brown for $1.50 per share, or $26.9 million.
Aevum Limited Announces Final Dividend
Aevum Limited announced the final dividend of 4.5 cents per share payable on October 7, 2008. The payment date will be October 22, 2008.
Aevum Limited's Chief Executive Officer To Resign
Aevum Limited announced that Chief Executive Officer, Simon Owen, would be leaving the Company effective August 29, 2008.
Stockland FY underlying profit rises 10 pct
SYDNEY, Aug 11 (Reuters) - Australia's Stockland Group said full-year underlying profit rose 10 percent to A$692.3 million ($632.2 million) and its total distribution for the year would be 21.8 cents per share, up from 21.6 cents a year earlier.
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