24 June 2026registration revoked● NeutralMajor
ASX removed Hartshead from the official list at close of trading on 24 June 2026, following the scheme implementation. It ends Hartshead's ASX listing.
Announcements, explained
Each one in plain English, with the numbers worked through for a shareholder.
23 June 2026business combination▲ GoodMajor
Scheme implemented 23 June 2026: all shares transferred to ACAM, cash of A$0.014 per fully paid and A$0.0007 per partly paid share sent to holders. Tarratt and Lude resigned; Michael Allen and Matthew Foy joined the board. Delisting applied for.
12 June 2026other● Neutral
Updated re-release of the 12 June announcement that the scheme is legally effective, now with the court orders attached. Same content otherwise.
12 June 2026other● Neutral
ASX notice that HHR securities are suspended from close of trading on 12 June 2026, following lodgement of the court orders approving the ACAM scheme. Administrative.
12 June 2026business combination● Neutral
Scheme became legally effective on 12 June 2026 after court orders were lodged with ASIC. Trading suspended from close that day; payment still due 23 June.
11 June 2026business combination▲ GoodMajor
Court approved the ACAM scheme on 11 June 2026. Shareholders are due A$0.014 per fully paid share and A$0.0007 per partly paid share on 23 June for holdings at the 16 June record date. Shares to be suspended after 12 June.
9 June 2026other● Neutral
Chairman's address for the 8 June scheme meeting, released under listing rules. The extracted text covers only procedure and logistics; no vote result is in it.
4 June 2026other● Neutral
Notice that the court hearing to approve the scheme is set for 11 June 2026, if shareholders approve on 8 June. Administrative notice of the process for objecting.
7 May 2026other● Neutral
Scheme booklet dispatched to shareholders on 7 May 2026. Directors cite premium, certainty of cash value and avoiding future dilution from development funding. Repeats the 'not fair but reasonable' expert view; vote on 8 June.
30 Apr 2026business combination● NeutralMajor
Scheme booklet registered. Independent expert BDO concluded the A$0.014 offer is 'not fair but reasonable', so in shareholders' best interests absent a superior proposal. Directors still unanimously recommend a yes vote; they hold about 10.27%. Vote is 8 June.
30 Apr 2026other● Neutral
Western Australian Supreme Court ordered a shareholder meeting to vote on the ACAM scheme, set for 8 June 2026, and approved sending out the scheme booklet. Procedural step towards the A$0.014 per share cash deal.
17 Apr 2026other● Neutral
Timetable delayed again: first court hearing 29 April, vote early June, implementation late June 2026. The UK regulator (NSTA) consent condition is satisfied, valid if the scheme completes by 7 July 2026.
16 Mar 2026half year report● Neutral
Half-year to 31 December 2025: net loss A$555,414, cash A$13.97m, net assets A$32.25m. Recaps the RockRose well carry deal (interest 40% to 35%), the licence extension to 30 November 2027 and the ACAM scheme at A$0.014 per share.
23 Feb 2026other● Neutral
Scheme timetable pushed back: booklet and independent expert report (BDO Corporate Finance) now due early April 2026, vote early May, implementation late May 2026. Dates are indicative. Still within the first-half 2026 target from the December deal.
23 Dec 2025business combination▲ GoodMajor
Hartshead signed a binding deal for ACAM to buy 100% via scheme of arrangement at A$0.014 cash per share, a 133% premium to A$0.006, valuing it at about A$40m. Directors recommend it, subject to an independent expert and no superior proposal. Expected completion is the first half of 2026.
13 Nov 2025regulatory community update▲ GoodMajor
The regulator granted a two-year extension to Phase C of the P2607 licence, to 30 November 2027, as requested in September. The third term is shortened by 24 months. It resolves the extension request tied to the RockRose carry deal.
30 Sept 2025annual report● Neutral
2025 annual report: the CEO says the company is minimising UK investment until conditions improve, has cut overheads, and has suspended spending on the 33rd Round licences pending an unresolved judicial review. He cites the RockRose well carry deal and expects the P2607 licence extension.
30 Sept 2025annual report● Neutral
Appendix 4G governance checklist for the year to 30 June 2025, pointing to the corporate governance statement on the website. Administrative filing with no new business information.
1 Sept 2025other● Neutral
ASX lifted the trading suspension from the start of trading on 1 September 2025, after the well carry agreement announcement was released. Administrative notice only.
1 Sept 2025farm in farm out agreement● NeutralMajor
RockRose will fully fund Hartshead's share of the Phase C well work on P2607, budgeted at A$48.3m. In return Hartshead's interest falls from 40% to 35%, and the development carry drops from US$96.8m to US$79.1m. A two-year licence extension is sought. It resolves the June talks.
28 Aug 2025other● Neutral
At Hartshead's request, ASX suspended its shares pending an announcement on a well carry agreement for the P2607 licence, following a trading halt on 26 August. The suspension was due to last no later than 1 September.
13 June 2025joint venture update● Neutral
Hartshead says P2607 talks with RockRose continue in good faith and the pause on joint operating agreement timelines, first announced 8 May, continues. No resolution yet and no new terms disclosed.
8 May 2025joint venture update● Neutral
RockRose's lawyers proposed pausing the P2607 joint operating agreement timelines for 28 days to allow commercial talks on Hartshead's 7 February programme and budget. Hartshead says it is engaging constructively and keeping its legal rights. This follows the JV's earlier reluctance on the Saturn Banks route.
25 Mar 2025other● Neutral
Administrative notice: registered office and principal place of business moved to Unit 64, 89 Aberdeen Street, Northbridge WA. No substantive news.
14 Mar 2025half year report● Neutral
Half-year to 31 December 2024: net loss A$1.12m, cash A$17.9m (A$24.0m at 30 June 2024), net assets A$34.0m. Report recaps the budget outcome and new export route work; FID has not yet been taken.
7 Feb 2025joint venture update● Neutral
Hartshead submitted a new development programme and budget using the Saturn Banks export route to the P2607 JV for approval. The JV has 90 days to vote on proceeding. It follows the sole-risk concept report filed two days earlier.
5 Feb 2025joint venture update● NeutralMajor
Hartshead submitted a revised concept report to the regulator for a new export route via the Saturn Banks pipeline to Bacton, replacing the earlier Shell route. It did so on its own under sole-risk provisions because the JV did not vote in favour; pipeline funding talks are described as well advanced.
27 Nov 2024joint venture update▲ Good
After the 30 October budget, the Anning and Somerville restart is underway, with a possible alternative gas export route now available after asset ownership changes. NSTA meeting is set for 5 December and JV meetings for mid-December. Follows the fiscal clarity awaited since February.
7 Nov 2024investor presentation● Neutral
November 2024 corporate presentation positioning Hartshead as a UK gas developer with over 1.5 Tcf net reserves and resources. It repeats previously disclosed estimates; no new information is evident from the readable text.
6 Nov 2024joint venture update● NeutralMajor
UK Autumn Budget confirms the Energy Profits Levy rises to 38% (headline tax 78%) until 31 March 2030, with the 29% investment allowance removed. Overall relief falls to 84.25% from 91.4%. Hartshead is reviewing project economics and timing after an 8-month delay; resolves the fiscal-clarity wait.