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14 March 2025
| Name: | THE DATA EXCHANGE NETWORK LIMITED (DXN) (This company subsequently changed its name to DXN LIMITED. You should refer to that name for Status.) | ||||||
| Date of Listing: | 11 April 2018 | ||||||
| Subsequent Names: |
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Stock Exchange Status: (updated daily)
This company subsequently changed its name to DXN LIMITED. You should refer to that name for Stock Exchange Status.Legal Status: (updated monthly)
This company subsequently changed its name to DXN LIMITED. You should refer to that name for Legal Status.Capital Gains Tax (CGT) Status: (updated at least quarterly)
This company subsequently changed its name and is now DXN LIMITED. You should refer to that name for Capital Gains Tax Status.
Updates, corrections, disagreements please email to admin@delisted.com.au
Further information: deListed and InvestoGain are operated by Investogain Pty Limited which is licensed by ASIC as an Australian Financial Services Licensee (AFSL 334036). deListed acquires only securities that it deems to be of little or no value, in circumstances where the holder is unable to sell their securities on-market in the normal manner. This service has been provided online via the company’s website www.delisted.com.au since 2004.
Getting advice: Information provided in this section is of a general nature and applicable only to Australian tax residents who hold their investments on capital account (ie for long-term investment purposes). It has been prepared without taking into account your financial needs or tax situation. Before acting on the information, deListed suggests that you consider whether it is appropriate for your circumstances and recommends that you seek independent legal, financial, or taxation advice.
Disclaimer: The information provided above is to the best of our knowledge accurate as of today. But you should bear in mind that it is of a general nature and does not constitute financial or tax advice. Investogain Pty Limited accepts no liability for any loss arising from reliance on this information, including reliance on information that is no longer current.
| FROM | TO | |
| DXN LIMITED | 26/07/2019 | |
| THE DATA EXCHANGE NETWORK LIMITED | 26/07/2019 |
Automic Registry Pty Ltd
Level 5, 191 ST GEORGES TERRACE PERTH WA 6000
Tel : +61 (2) 8072 1400 or 1300 288 664 (within Australia)
RegistryWebsite RegistryEmail
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name changed to DXN Limited | 26/07/2019 |
The suspension of trading in the securities of The Data Exchange Network Limited will be lifted immediately following the release by DXN of an announcement regarding a capital raising. | 27/03/2019 |
The company has resolved to proceed with a non-renounceable pro-rata entitlement issue on the basis of eight and a half (8.5) new shares for every ten (10) shares held by eligible shareholders on the record date at an issue price of $0.05 per new share to raise up to approximately $8.3 million. There will be a free attaching option for every two (2) shares subscribed for and issued under the offer. Funds raised will enable DXN-SYD01 to be ready for service (RFS) in July 2019, progress DXN-MEL01 towards RFS in Q1 CY2020, working capital and offer costs. Certain Directors and both CEO's have agreed to act as priority sub-underwriters for $360,000. | 27/03/2019 |
The securities of The Data Exchange Network Limited will be suspended from quotation immediately under Listing Rule 17.2, at the request of DXN, pending the release of an announcement regarding a capital raising. | 25/03/2019 |
The suspension of trading in the securities of The Data Exchange Network Limited will be lifted immediately, following the release by DXN of an announcement regarding an update on the Sydney and Melbourne Data Centres. | 04/02/2019 |
The company provides a review of its operations andadjusted its 2019 strategy to cater for increased cash outflows because of delays in the completion of the data centres, additional investment in capital equipment and strategic investment in experienced personnel. It also details its updated Sydney and Melbourne data centre Capex and delivery timetable. An Opex review is also included. Regarding its capital raising and share purchase plan, shareholder was received at a general meeting of shareholders held on 21 January 2019, and it is anticipated that these funds will be received by the end of the week. The Share Purchase Plan remains open until Friday 8 February 2019, with the Company having 3 months to place any shortfall. | 04/02/2019 |
The company lodges its Appendix 4C - quarterly. | 31/01/2019 |
The securities of The Data Exchange Network Limited will be suspended from quotation immediately under Listing Rule 17.2, at the request of DXN, pending the release of an announcement regarding an update on the Sydney and Melbourne Data Centres. | 31/01/2019 |
The suspension of trading in the securities of Data Exchange Network Limited will be lifted immediately, following the release by DXN of an announcement regarding a capital raising | 17/12/2018 |
The company has successfully secured a placement of 12,748,383 ordinary shares in the Company to a number of sophisticated and institutional investors at a price of $0.155 per share, and 224,129 ordinary shares under a private placement by way of personal offers raising in total $2,010,739. The new shares to be issued under the Placement will rank equally with existing DXN fully paid ordinary shares on issue. The issue of 1,451,613 ordinary shares totaling $225,000 under the Placement relates to Director participation, and as such will be subject to shareholder approval at a general meeting to be held in late January 2019. The expected date of issue of the ordinary shares is Wednesday, 19 December 2018. DXN will now invite existing shareholders to invest in the Company through a Share Purchase Plan at a purchase price of $0.155 per share. The timetable below is indicative only and subject to change. Funds raised from the Placement and SPP will be primarily used to increase the power capacity to 1MW at both Homebush, Sydney and Port Melbourne. | 17/12/2018 |
The securities of The Data Exchange Network Limited will be suspended from quotation immediately under Listing Rule 17.2, at the request of DXN, pending the release of an announcement regarding a capital raising. | 14/12/2018 |
listed entity carried for record purposes only | 11/04/2018 |
name changed to DXN Limited | 26/07/2019 |
The suspension of trading in the securities of The Data Exchange Network Limited will be lifted immediately following the release by DXN of an announcement regarding a capital raising. | 27/03/2019 |
The company has resolved to proceed with a non-renounceable pro-rata entitlement issue on the basis of eight and a half (8.5) new shares for every ten (10) shares held by eligible shareholders on the record date at an issue price of $0.05 per new share to raise up to approximately $8.3 million. There will be a free attaching option for every two (2) shares subscribed for and issued under the offer. Funds raised will enable DXN-SYD01 to be ready for service (RFS) in July 2019, progress DXN-MEL01 towards RFS in Q1 CY2020, working capital and offer costs. Certain Directors and both CEO's have agreed to act as priority sub-underwriters for $360,000. | 27/03/2019 |
The securities of The Data Exchange Network Limited will be suspended from quotation immediately under Listing Rule 17.2, at the request of DXN, pending the release of an announcement regarding a capital raising. | 25/03/2019 |
The suspension of trading in the securities of The Data Exchange Network Limited will be lifted immediately, following the release by DXN of an announcement regarding an update on the Sydney and Melbourne Data Centres. | 04/02/2019 |
The company provides a review of its operations andadjusted its 2019 strategy to cater for increased cash outflows because of delays in the completion of the data centres, additional investment in capital equipment and strategic investment in experienced personnel. It also details its updated Sydney and Melbourne data centre Capex and delivery timetable. An Opex review is also included. Regarding its capital raising and share purchase plan, shareholder was received at a general meeting of shareholders held on 21 January 2019, and it is anticipated that these funds will be received by the end of the week. The Share Purchase Plan remains open until Friday 8 February 2019, with the Company having 3 months to place any shortfall. | 04/02/2019 |
The company lodges its Appendix 4C - quarterly. | 31/01/2019 |
The securities of The Data Exchange Network Limited will be suspended from quotation immediately under Listing Rule 17.2, at the request of DXN, pending the release of an announcement regarding an update on the Sydney and Melbourne Data Centres. | 31/01/2019 |
The suspension of trading in the securities of Data Exchange Network Limited will be lifted immediately, following the release by DXN of an announcement regarding a capital raising | 17/12/2018 |
The company has successfully secured a placement of 12,748,383 ordinary shares in the Company to a number of sophisticated and institutional investors at a price of $0.155 per share, and 224,129 ordinary shares under a private placement by way of personal offers raising in total $2,010,739. The new shares to be issued under the Placement will rank equally with existing DXN fully paid ordinary shares on issue. The issue of 1,451,613 ordinary shares totaling $225,000 under the Placement relates to Director participation, and as such will be subject to shareholder approval at a general meeting to be held in late January 2019. The expected date of issue of the ordinary shares is Wednesday, 19 December 2018. DXN will now invite existing shareholders to invest in the Company through a Share Purchase Plan at a purchase price of $0.155 per share. The timetable below is indicative only and subject to change. Funds raised from the Placement and SPP will be primarily used to increase the power capacity to 1MW at both Homebush, Sydney and Port Melbourne. | 17/12/2018 |
The securities of The Data Exchange Network Limited will be suspended from quotation immediately under Listing Rule 17.2, at the request of DXN, pending the release of an announcement regarding a capital raising. | 14/12/2018 |
listed entity carried for record purposes only | 11/04/2018 |
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| NAME | TITLE | DATE OF APPT |
|---|---|---|
| Douglas Loh | Executive Chairman | 16/04/2018 |
| Richard Whiting | CEO | 04/02/2019 |
| Simon Forth | CEO | 04/02/2019 |
| Matthew Madden | CEO | 16/07/2019 |
| George Lazarou | CFO, Company Secretary | 11/04/2018 |
| John Duffin | Independent Director | 01/10/2018 |
| Richard Carden | Non Exec Director | 11/04/2018 |
| Terry Smart | Non Exec Director | 11/04/2018 |
| Timothy Desmond | Director | 01/10/2018 |
| John Baillie | Director | 23/05/2019 |
Date of first appointment, title may have changed.
| NAME | TITLE | DATE OF APPOINTMENT | DATE OF RESIGNATION |
|---|---|---|---|
| Peter Christie | Managing Director, CEO | 11/04/2018 | 04/02/2019 |
Date of first appointment, title may have changed.
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