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Metro Performance Glass Limited (ASX:MPP)
ALERT: Price-sensitive ASX Announcement for MPP
Current share price for MPP : $1.015 0.972 (2,260.47%)+
Announcement
Release
24 Feb 2026 6:10PM
Price at Release
$0.043
Full Release
Summary
Metro Performance Glass Limited (MPG) has announced a share consolidation plan aimed at rationalizing the number of ordinary shares on issue. The consolidation will involve converting every 40 existing Metro shares into one share, significantly reducing the total number of shares from 983,638,824 to approximately 24,590,971. The timetable for the consolidation includes the last date for trading pre-consolidation shares on 3rd March 2026, with trading halts on 4th and 5th March 2026. Post-consolidation trading will begin on 6th March 2026 on the NZX and on a deferred settlement basis on ASX, with normal settlement commencing on ASX from 9th March 2026.
Key Points
- Share consolidation of 1 share per 40 shares.
- Reduction of shares from 983,638,824 to approximately 24,590,971.
- Last trading date for pre-consolidation shares: 3rd March 2026.
- Trading halt on 4th and 5th March 2026.
- Post-consolidation trading starts on 6th March 2026 on NZX.
- Deferred settlement trading on ASX starts on 6th March 2026.
- Normal settlement trading on ASX starts on 9th March 2026.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.
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