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| FROM | TO | |
|---|---|---|
| ORBITAL CORPORATION LIMITED | 01/11/2004 | |
| ORBITAL ENGINE CORPORATION LIMITED | 29/11/1990 | 01/11/2004 |
| SARICH TECHNOLOGIES LIMITED | 29/11/1990 |
Liberty Place Level 41 161 Castlereagh St Sydney NSW 2000 Locked Bag A14 Sydney South NSW 1235
Tel : 1300 554 474The suspension of trading in the securities of Orbital Corporation Ltd will be lifted immediately following the release by OEC of an announcement regarding clarification of a dispute in relation to the reimbursement of costs to the Company from Insitu due to Insitu's termination of the third engine development program under its long term supply agreement. | 01/07/2022 |
Insitu confirmed a termination of convenience of the third engine development program under its long term supply agreement with Orbital UAV. Orbital UAV submitted a reimbursement claim of A$1.8 million to Boeing Insitu on 10 March 2022. This reimbursement claim was calculated as per the contracted terms under which the Termination of Convenience entitles Orbital UAV to claim full reimbursement of all costs incurred on the program up to the date of termination. On 24 June, Orbital UAV received formal advice that Boeing Insitu would contest Orbital UAV's claim. Boeing Insitu is disputing the total value of the reimbursement claim and the level of information required to support the claim. Orbital UAV maintains the validity of the A$1.8 million reimbursement claim and is now working with Boeing Insitu to specifically address the disputed issues, with the intention of pursuing the full recovery of the amount claimed. Orbital UAV's full year revenue and other income for financial year 2022 has been impacted by factors related to Boeing Insitu production and development programs. The WA Government loan offset milestones are currently being renegotiated with the WA government. The ompany has received confirmation from the WA Government that loan repayments will not fall due while the milestones are under negotiation. Unaudited revenue and other income for FY22 is now expected to be approximately A$19 million with a resulting net loss of approximately A$7 million. The company has established an unsecured standby working capital facility of up to A$1 million with the ICM Group, which currently holds 30% of Orbital Corporation shares. | 01/07/2022 |
The securities of Orbital Corporation Limited will be suspended from quotation immediately under Listing Rule 17.2, at the request of OEC, pending the release of an announcement regarding clarification of a dispute in relation to the reimbursement of costs to the Company from Insitu due to Insitu's termination of the third engine development program under its long term supply agreement. | 24/06/2022 |
we understand that on or about this date the company consolidated its shares 1 for 10 | 12/11/2010 |
shares reinstated to quotation | 10/06/2010 |
shares suspended from quotation pending release of an announcement | 03/06/2010 |
shares reinstated to quotation | 14/11/2006 |
shares suspended from quotation pending release of an announcement | 10/11/2006 |
name changed from Orbital Engine Corporation Limited | 01/11/2004 |
Enquiries about this company should be initiated here: https://www.delisted.com.au/TraceLostSharesLostMoney/index | 08/05/2020 08:04:44 |
Hi there, Hoping you can help me, back in the 80's i bought into sarich technologies now orbital engines, trying to find out about them, as I have lost information. Thank you. Regards Lyn Taylor 0428 224 440 lynjtaylor@hotmail.com | 08/05/2020 07:45:49 |
Purchases Sales
| DATE | DIRECTOR | NUMBER | PRICE | AMOUNT |
|---|---|---|---|---|
| 28/09/2023 | Steve Gallagher | 150,000 | $0.146 | $21,922.00 |
| 26/09/2023 | John Welborn | 225,018 | $0.140 | $31,517.00 |
| 30/11/2018 | Kyle Abbott | 30,000 | $0.500 | $14,987.00 |
| 28/11/2018 | John Welborn | 70,897 | $0.500 | $35,449.00 |
| 06/11/2017 | Todd Alder | 188,000 | $0.531 | $99,859.00 |
| NAME | TITLE | DATE OF APPT |
|---|---|---|
| Kyle Abbott | Non Exec Chairman | 01/05/2018 |
| Stephen Pearce | CEO | 30/06/2025 |
| Mark Wege | CFO, Company Secretary | 17/12/2024 |
| Grant Lukey | Non Exec Director | 01/12/2023 |
| Steve Gallagher | Non Exec Director | 12/04/2017 |
| Andrew Mills | Executive Director, Interim CEO | 26/09/2023 |
Date of first appointment, title may have changed.
| NAME | TITLE | DATE OF APPOINTMENT | DATE OF RESIGNATION |
|---|
Date of first appointment, title may have changed.
