Hughes Drilling completes share consolidation


(MENAFN- ProactiveInvestors - Australia) Hughes Drilling (ASX: HDX) has completed a planned ten for one share consolidation, reducing the number of shares on issue to 122,633,350 shares. Shares in the company will now resume trading under the ticker code HDX. Hughes had been trading on a post consolidated deferred settlement basis under the ticker code HDXDA from 4 December. Normal T+3 trading will resume tomorrow with settlement of trades conducted on a deferred settlement basis and first settlement of trades conducted on the normal T+3 basis starting on 21 December.


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