Demerger Complete

Written by Jamie K | Oct 19, 2021 11:17:02 AM

19th October 2021 : ISX Financial EU PLC is please to announce that it has successfully de-merged from its Australian Parent Company. 

The demerger follows the 98.13% shareholder vote in favour, which excluded major shareholders Select All Enterprise Ltd and Red 5 Solutions Ltd. 

Shareholders of the Company as at 5pm AEST 18th October 2021 are now shareholders in ISXFEU, based upon 1 share in ISXFEU for every 10 shares held in the Company. 

ISXFEU has engaged Automic Group to manage registry services in Australia, noting that circa 10,000 of the Company and ISXFEU’s 10,800 joint shareholders are based in Australia. 

Holding statements are in the process of being despatched, and will reach ISXFEU shareholders over the next few days or so. Once statements have been received, shareholders are encouraged to ensure that their electronic details are up to date with Automic by accessing https:// investor.automic.com.au/#/home 

Shareholders are encouraged to access the www. isx.financial website for ongoing updates 

Authorised by the Chairman and the Managing Director