Small Parcels Consolidation Closed Successfully
SYDNEY, Australia, Friday 25th October 2019: Uscom Limited (ASX code: UCM) (the Company or Uscom) today announced the successful closure of its small share parcels capital consolidation initiative. Approximately 345,939 UCM shares were consolidated as a single holding by Boardroom Pty Limited for sale by a contracted stockbroker for sale on market with all funds returned to the investors. The consolidation and sale reduced the total number of UCM shareholders by approximately 25%.