EQS-News
Vulcan Energy Resources Limited: Change to Financial Year and AGM and Director Nomination Dates
EQS-News: Vulcan Energy Resources Limited / Key word(s): Miscellaneous ASX Release 5 October 2022 |
ASX:VUL FSE:VUL
Fast Facts
Issued Capital: 143,335,301 Market Cap (@$7.85): $1.125b
Change of Financial Year End to 31 December and AGM and Director Nomination Dates
Vulcan Energy Resources Limited (Vulcan; ASX: VUL, FSE: VUL, the Company) has resolved at its latest board meeting to change its financial year end from 30 June to 31 December, effective from 1 July 2022. The change of financial year end will align Vulcan with the German financial year, following the Company’s listing on the regulated market of the Frankfurt Stock Exchange (FSE), in the Prime Standard market segment.
Vulcan was the first Australian company to successfully dual list on the FSE in February 2022, an important step in expanding Vulcan’s European investor base and international exposure, and reflective of the Company’s focus on developing its European renewable energy and Zero Carbon Lithium business. In line with this strategy, Vulcan has also been reporting in Euros since 1 July 2021.
Consistent with its current financial year reporting requirements, Vulcan lodged its annual financial report for the financial year ended 30 June 2022 on 28 September 2022. The report is available on the Company’s website at http://v-er.eu.
Vulcan will have a shorter, six month transitional financial year from 1 July 2022 to 31 December 2022, before reverting to a twelve month financial year, the first of which will commence on 1 January 2023. Vulcan will prepare a financial report covering the six-month, transitional financial year from 1 July 2022 to 31 December 2022. This report will be released in March 2023. Thereafter, the Company’s annual financial reports will be prepared for a twelve month period from 1 January to 31 December each year.