SPECIAL NOTICE

We are working on upgrading our websites and despite our best endeavours have experienced census type calamities for almost a week now. Our apologies, we hope to have all problems resolved by Monday August 15th.

SEARCH BY NAME

BROWSE

Browse Australian listed companies

0-9A B C D E F G H I J K L M N O P Q R S T U V W XY Z

Browse current Australian managed funds

0-9A B C D E F G H I J K L M N O P Q R S T U V W X Y Z

SEARCH BY CODE

Find any Australian or New Zealand company or fund (dead or alive) by using SEARCH above or go directly to the site:

VELPIC LIMITED(VPC)

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

SHARE PRICES

(updated at weekends)

Former (or subsequent) names

 FROMTO
VPCL LTD01/10/2018
VELPIC LIMITED02/10/201501/10/2018
INTERNATIONAL COAL LIMITED02/10/2015

Shareholder links

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

 

REGISTRY:

Link Market Services,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: 243 Hay Street Subiaco WA 6008
Tel:  1800 463 828 Fax: 08 6166 0261

Date first listed: 28/07/2011
Company Secretary: Catherine Anderson
Sector: Energy Industry Group: XEJ
Activities: Coal exploration

News & Events

Expand this box to read and print

OFX Transferring Money Internationally to Free

name changed to VPCL Ltd

01/10/2018

The suspension of trading in the securities of Velpic Limited will be lifted immediately following the release by the Company of an announcement regarding regarding a disposal.

07/08/2018

The Company has negotiated and executed a superior offer for the "Velpic" business than that previously announced with GO1, with Damstra Technology. The agreement has been formally terminated by GO1 as it was not willing to match the Damstra offer.The Board of Directors has determined that a sale of the on these terms offers better value for Shareholders than the terms negotiated with GO1. An EGM to seek approval for the proposed sale to Damstra will be convened.

07/08/2018

The company has entered into an agreement with Choose Digital to sell to it the Company's "Dash Digital" customer contracts for the sum of $50,000. Dash Digital is the Company's digital marketing and App development business unit. Due to its relatively low level of contribution to the Company's revenue, assets and EBITDA, there is no requirement under the Listing Rules to seek shareholder approval to the sale.

06/08/2018

Following a scheduled ASX internal system change affecting the Market Announcements Platform, it has been necessary to re-apply the "˜Suspend' session state. This announcement serves to re-confirm the securities of this entity remain suspended.

06/08/2018

The company lodges its Appendix 4C Quarterly Report.

31/07/2018

The Company requests that the suspension continue until an announcement is made regarding Damstra Technology's potential offer to make an acquisition in Velpic.

30/07/2018

The securities of Velpic Limited will be suspended from quotation immediately under Listing Rule 17.2, at the request of the Company, pending the release of an announcement.

24/07/2018

The suspension of trading in the securities of Velpic Limited will be lifted immediately following the release by the Company of an announcement regarding a proposed disposal of part of the Company's business.

13/07/2018

The Company has agreed to sell the customer book of its "Velpic" business to an existing partner, GO1 Pty Ltd. The relevant Agreement provides for consideration based on 3 times the total annual revenue received by the Purchaser from the date of Completion from all Velpic customer contracts assigned over the three years following the date of Completion, anticipated to be circa $2.4million. An EGM will be convened to seek approval for the proposed sale. The majority of the Company's staff have been made redundant, substantially reducing cash burn in the interim. Staff remaining with the Company will continue to work on the Dash Digital and Now Force divisions of the Company's business. The Board is actively seeking new investments that will bring substantial shareholder value, and also seeking out opportunities for the sale of its other divisions and investments.

13/07/2018

The securities of Velpic Limited will be suspended from quotation immediately under Listing Rule 17.2, at the request of the Company, pending the release of an announcement regarding a proposed disposal of part of the Company's business.

12/07/2018

The suspension of trading in the securities of Velpic Limited will be lifted immediately following the receipt of an announcement in relation to a capital raising.

29/11/2017

Significantly oversubscribed placement was completed to raise $969,247. Funds raised will be applied to help fund Velpic's strategic investment in NowForce, launch Velpic Security in Australia & New Zealand and to integrate the two products. Velpic will proceed with proposed non-renounceable Rights Issue Prospectus.

29/11/2017

The securities of Velpic Limited will be suspended from official quotation immediately at the request of the Company, pending the release of an announcement in relation to a capital raising.

29/11/2017

The securities of Velpic Limited will be reinstated to Official Quotation as from the commencement of trading on Thursday, 12 November 2015. 354,409,745 ordinary shares fully paid issued at 2.5 cents per share Security Code: VPC

10/11/2015

The company lodges its quarterly cash flow report.

30/10/2015

The company lodges its Quarterly Activities Report "“ September 2015

30/10/2015

Notice is hereby given that the Annual General Meeting of the Shareholders of VELPIC LIMITED (Formerly International Coal Limited) (the Company) will be held at the offices of Velpic, 243 Hay Street, Subiaco WA 6008 on Tuesday, 24 November 2015 commencing at 10.00am (Perth time), for the purpose of transacting the following business referred to in this Notice of Annual General Meeting (Notice).

23/10/2015

The Company is pleased to advise shareholders that it has now closed the Offer and Consideration Offer under its prospectus dated 9 September 2015 (Prospectus). As previously announced, the Offer raised in excess of $4,000,000 (before costs). Following satisfaction of the conditions precedent set out in the Acquisition Agreement between the Company, Dash Digital Pty Ltd as trustee for the Dash Unit Trust, Inductor Pty Ltd (Inductor) as trustee for the Inductor Trust (collectively known as Velpic) and the vendors (Velpic Vendors), settlement of the acquisition of Velpic has occurred.

22/10/2015

Velpic Limited ASX:VPC is pleased to announce that it has successfully raised $4 million through a Prospectus issue of ordinary shares to new and existing domestic investors. The Placement was completed at 2.5 cents per share.

06/10/2015

name changed from International Coal Limited

02/10/2015

 

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

Your comments

Please read our Terms before viewing comments.

 

Company Updates

Post your comments here

Please read our Terms before posting comments.
OMISSIONS
    You can post a comment here about this company

    Please click in the "I'm not a robot" box and enter the word/figures you see in the image that then appears.

    loading Posting your comments. Please wait...

     


     

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

    Directors' on-market share transactions (last 5)

    rss feeds

    Purchases Sales

    DATEDIRECTORNUMBERPRICEAMOUNT
    21/12/2016Russell Francis1,000,000$0.017$17,356
    18/03/2015John Lester100,000$0.020$2,011
    18/03/2015John Lester100,000$0.020$2,011
    22/12/2014John Lester51,000$0.020$1,020
    17/12/2014Hugh Dai340,000$0.022$7,300

    Click here for the last 20 transactions all companies

    Directors & Executives (current)

    NAMETITLEDATE OF APPT
    Leanne GrahamNon Exec Chairman10/10/2015
    Russell FrancisCEO22/10/2015
    Christopher MewsNon Exec Director13/07/2018
    Justin KlintbergDirector03/04/2018

    Date of first appointment, title may have changed.

    Directors & Executives (former)

    NAMETITLEDATE OF APPOINTMENTDATE OF RESIGNATION
    Harry KarelisNon Exec Director19/10/201403/04/2018
    Daniel RohrNon Exec Director10/12/201503/04/2018
    Glen MooraExecutive Director22/10/201525/10/2016
    Patrick ConnellExecutive Director22/10/201525/10/2016
    John LesterNon Exec Chairman08/02/201130/10/2015
    Noel HalgreenNon Exec Director16/11/201222/10/2015
    Hugh DaiExecutive Director, CEO08/02/201122/10/2015
    Glenn SimpsonCEO16/01/201306/06/2014
    David RoundCFO21/11/201101/03/2013

    Date of first appointment, title may have changed.