Cellmid 2018 Annual Report
50
NOTES TO THE
FINANCIAL STATEMENTS
CONTINUED
Note 1: On 23 November 2017, the Group completed the twenty to one shares consolidation and the number of issued shares
was reduced by 1,015,033,419.
The holders of ordinary shares are entitled to participate in dividends and the proceeds on winding up of the Company. On a
show of hands at meetings of the Company, each holder of ordinary shares has one vote in person or by proxy, and upon a poll
each share is entitled to one vote.
The Company does not have a limited amount of authorised capital and the fully paid ordinary shares have no par value.
18. ISSUED CAPITAL
2018 2017 2018 2017
No. No. $ $
At the beginning of the year 1,072,456,303 928,500,508 36,715,030 32,426,826
Share buyback and cancellation (4,000,000) - - -
20 to 1 shares consolidation on
23 November 2017 (1,015,033,419) - - -
Shares issued – private placement 3,489,473 143,955,795 1,326,000 4,404,659
Transaction costs - - (26,952) (116,455)
56,912,357 1,072,456,303 38,014,078 36,715,030
Issue Price 2018 2017 2018 2017
$ No. No. $ $
Note 1
At the beginning of the year - 1,072,456,303 928,500,508 36,715,030 32,426,826
Shares issued – January 2018 - 3,489,473 - 1,326,000 -
Shares issue costs, net of tax - - - (26,952) -
20 to 1 shares consolidation on
23 November 2017 - (1,015,033,419) - - -
Shares buyback and cancellation - (4,000,000) - - -
Shares issued – May 2017 0.027 - 2,074,074 - 56,000
Shares issued – March 2017 0.0306 - 1,000,000 - 30,600
Shares issued – March 2017 0.02 - 700,000 - 14,000
Shares issued – March 2017 0.034 - 250,000 - 8,500
Shares issued – March 2017 0.023 - 4,565,218 - 105,000
Shares issued – November 2016 0.03 - 35,483,334 1,064,500
Shares issued – November 2016 0.03 - 63,516,666 - 1,905,500
Shares issued – October 2016 0.034 - 32,394,541 - 1,101,400
Shares issued – October 2016 0.03 - 3,971,962 119,159
Shares issue costs, net of tax - - - - (116,455)
At the end of the year - 56,912,357 1,072,456,303 38,014,078 36,715,030