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Why Is Pilot Energy Consolidating Shares 1-for-25 Ahead of Clean Energy Shift?
10:52am on Friday 23rd of January, 2026 AEDT
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Energy
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Why Is Pilot Energy Consolidating Shares 1-for-25 Ahead of Clean Energy Shift?
10:52am on Friday 23rd of January, 2026 AEDT
Key Points
Proposed 1 – 25 consolidation of shares, options, and convertible notes
Aims to reduce securities on issue and increase nominal share price
Shareholder approval scheduled for 24 February 2026
Consolidation supports transition to carbon storage and clean energy initiatives
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