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TITAN ENERGY SERVICES LIMITED (TTN)

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ASX, Legal & CGT Status

Former (or subsequent) names

 FROMTO
AUMAKE LIMITED04/12/2020
AUMAKE INTERNATIONAL LIMITED26/09/201704/12/2020
AUGEND LTD19/07/201626/09/2017
TITAN ENERGY SERVICES LIMITED19/07/2016

Shareholder links

Our website ranking of TTN: rating 4
(4 out of 5)
COMPANY WEBSITE:

 

REGISTRY:

Link Market Services Brisbane
Level 21, 10 Eagle Street Brisbane QLD 4000
Tel : +61 7 3320 2200 or 1300 554 474
Fax : +61 2 9287 0303
RegistryWebsite RegistryEmail

Company details

Address: Suite 8, 1297 Hay St, West Perth WA 6005
Tel:  (08) 9322 6009Fax: (08) 9322 6128

Date first listed: 07/12/2011

Sector: Energy Industry Group: XEJ
Activities: Oil and gas field services including operation of portable camps and drilling rigs and related supporting services including equipment hire and transport and logistics

News & Events

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name changed to Augend Ltd

19/07/2016

Following shareholder approval at the general meeting held on 31 May 2016, the company confirms that it has today completed the issue by way of a placement of: (a) 34,000,000 fully paid ordinary shares in the capital of the Company at an issue price of $0.005 per Share (on a post-consolidation basis); and (b) 47,000,000 Shares at an issue price of $0.01 per Share (on a post-consolidation basis).

17/06/2016

Notice is given that the final payment due under the terms of the Deed of Company Arrangement has been received. Following payment of these funds, the DOCA was fully effectuated on 16 June 2016. The Company has complied with all the terms of the DOCA and control of the Company has reverted to the Board of Directors.

17/06/2016

we understand that on or about this date the company consolidated its shares 1 for 40

10/06/2016

The company provides an update on the previously announced consolidation/split.

31/05/2016

The company releases the results of its AGM.

31/05/2016

Shareholders get 1 share for every 40 presently owned.

29/04/2016

The Extraordinary General Meeting of Titan Energy Services Ltd (Subject to Deed of Company Arrangement) will be held at Suite 8, 1297 Hay St West Perth, WA 6005 on 31 May 2016 at 10am (WST).

29/04/2016

Titan Energy Services Limited (ASX: TTN) ("Company") advises that the following unlisted options expired on 7 December 2015: Exercise Price: $1.11; Expiry: 7 December 2015; Number of Options: 561,152.

21/04/2016

Notice is hereby given that Cassandra Matthews and Jarrod Villani of KordaMentha were appointed joint and several Receivers of the company and eight related companies on 15 January 2016.

18/01/2016

Royal Wolf notes the announcement by Titan Energy Services that it and certain of its subsidiaries have resolved to appoint administrators. Royal Wolf has outstanding invoices and contracted future revenues from the Titan Group of in excess of $5.0m, as well as an entitlement to recover various other costs and expenses. The total amount of Royal Wolf's claim against the Titan Group entities will need to be quantified. The obligations of the Titan Group in respect of Royal Wolf's claim are secured by first ranking security interests over all of the present and after acquired property of Titan Energy Services and its relevant operating subsidiaries

22/12/2015

It is with great regret that the Board of Titan Energy Services Limited and its related entities (ASX: TTN, "Titan", or "Group") advise that the Group has been placed into Voluntary Administration and Joanne Dunn and Stefan Dopking of FTI Consulting have been appointed Voluntary Administrators to oversee the affairs of the Group.

21/12/2015

The securities of Titan Energy Services Limited (the "Company") will be suspended from quotation immediately, at the request of the Company, pending the release of an announcement regarding the outcome of a capital raising which includes significant asset sales. Security Code: TTN

16/12/2015

The suspension of trading in the securities of Titan Energy Services Limited will be lifted immediately, following receipt of an announcement in relation to the divestment of Hofco Oil Field Services Pty Ltd. Security Code: TTN

15/05/2015

The securities of Titan Energy Services Limited (the "Company") will be suspended from quotation immediately, at the request of the Company, pending the release of an announcement regarding the outcome of discussions with its senior lender and the provision of further support to the Company. Security Code: TTN

08/05/2015

The suspension of trading in the securities of Titan Energy Services Limited (the "Company") will be lifted immediately, following receipt of announcements relating to an updated earnings guidance (9 January 2015) and completion of the institutional component of the nonrenounceable entitlement offer. Security Code: TTN

13/01/2015

Titan Energy Services (Titan) today announces the following: ï‚· an equity capital raise comprising a placement and an entitlement offer to strengthen the Company's balance sheet in light of the recent trading conditions; ï‚· a restructure of RCH accommodation camp lease arrangements "“ involving de-hiring ~60% of existing leased camps, equivalent to ~500 rooms, payment deferrals including new security arrangements and extended credit terms; ï‚· amended covenants for existing Senior Debt facilities; and ï‚· an earnings guidance update

09/01/2015

The securities of Titan Energy Services Limited (the "Company") will be suspended from quotation immediately, at the request of the Company, pending the release of an announcement regarding a half year earnings guidance and debt and equity financing proposals. Security Code: TTN

22/12/2014

 

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    Click here for free access to this company's:
    ASX, Legal & CGT Status

    Directors' on-market share transactions (last 5)

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    Purchases Sales

    DATEDIRECTORNUMBERPRICEAMOUNT
    14/10/2014Shaun Scott204,000$0.496$101,172
    13/11/2013Jim Diakos-300,000$3.200$960,000
    29/10/2013Shaun Scott-145,558$3.200$465,786
    24/10/2013Stephen Bizzell-752,500$3.172$2,386,800
    24/10/2013Jim Diakos-125,000$3.200$400,000

    Click here for the last 20 transactions all companies

    Directors & Executives (current)

    NAMETITLEDATE OF APPT
    Christine HaywardCEO08/09/2014
    Rowan GreeneCFO29/12/2014
    Keong ChanNon Exec Director, Company Secretary09/06/2016
    Derek JonesDirector14/04/2016
    Robert Di RussoDirector14/04/2016

    Date of first appointment, title may have changed.

    Directors & Executives (former)

    NAMETITLEDATE OF APPOINTMENTDATE OF RESIGNATION
    Rupert CheongDirector14/04/201609/06/2016
    Shaun ScottNon Exec Chairman27/10/201114/04/2016
    Mark SnapeIndependent Director18/10/201214/04/2016
    Stephen BizzellNon Exec Director28/03/201114/04/2016
    Jim SturgessManaging Director28/06/201124/12/2014
    Jim DiakosDirector27/10/201124/10/2014
    Simon KeyserNon Exec Director28/03/201115/08/2014
    Wayne SeabrookNon Exec Director28/03/201118/10/2012

    Date of first appointment, title may have changed.