Talius Group to Consolidate Shares

Talius Group Limited (ASX: TAL) has announced it will proceed with a consolidation of its ordinary shares on a ten (10) for one (1) basis. This follows shareholder approval obtained at the Annual General Meeting held on May 22, 2025. The consolidation will apply to all securities in the Company as of the record date, June 4, 2025. The Board of Talius believes that reducing the number of securities outstanding is the best course of action to achieve a capital structure more aligned with the Company’s size and its peer group. This consolidation will also extend to the company’s Performance Rights, which have a nil exercise price, and will be consolidated at the same ratio as the company’s ordinary shares. Talius Group Limited focuses on technology-enabled care solutions for the aged and disability sectors. Their SaaS platform, Talius Smart Care, combines smart sensors with AI machine learning to deliver automated actions, aiming to improve the quality of life. The company believes this shift allows nursing staff to focus on human connection, empowering autonomy and dignity for residents.