Blaze Minerals Limited (ASX:BLZ) has disclosed changes to the relevant interests of three directors — Mathew Walker, David Prentice, and Simon Coxhell — following a 20:1 capital consolidation that took effect on 3 November 2026, as approved by shareholders at a general meeting held on 21 October 2026.

Key Points

  • The capital consolidation was conducted on a 20:1 basis, approved by shareholders at a general meeting on 21 October 2026, with changes recorded on 3 November 2026.
  • Director Mathew Walker's indirect interests, held across three entities, changed from 719,000,000 shares and 50,000,000 options to 35,950,000 shares and 2,500,000 options following the consolidation.
  • Director David Prentice's direct holdings changed from 25,000,000 shares and 5,000,000 options to 1,250,000 shares and 250,000 options following the consolidation.
  • Post-consolidation options for both Walker and Prentice are exercisable at $0.10 each, with an expiry date of 30 November 2027; prior to consolidation, options were exercisable at $0.005 each.

Mathew Walker's Indirect Interest Changes After Consolidation

Director Mathew Walker holds interests indirectly through three entities: Standard Pastoral Company Pty Ltd, Twentieth Century Motor Company Pty Ltd (Walker Family SF A/C), and Colenso Cattle Company Pty Ltd, in each of which he is a director and beneficiary. Prior to the 3 November 2026 consolidation date, Walker held 50,000,000 unquoted options exercisable at $0.005 each expiring 30 November 2027, 200,000,000 fully paid ordinary shares, and 519,000,000 fully paid ordinary shares across those entities. After the 20:1 consolidation, those holdings became 2,500,000 options exercisable at $0.10 each expiring 30 November 2027, 10,000,000 fully paid ordinary shares, and 25,950,000 fully paid ordinary shares respectively.

David Prentice's Direct Interest Changes After Consolidation

Director David Prentice holds a direct interest in Blaze Minerals securities registered in his own name. Prior to the consolidation date of 3 November 2026, Prentice held 25,000,000 fully paid ordinary shares and 5,000,000 unquoted options exercisable at $0.005 each with an expiry date of 30 November 2027. Following the 20:1 capital consolidation approved by shareholders at the 21 October 2026 general meeting, his holdings changed to 1,250,000 fully paid ordinary shares and 250,000 unquoted options exercisable at $0.10 each, also expiring 30 November 2027. No securities were acquired or disposed of, and no consideration was exchanged.

Key Terms of the Capital Consolidation

According to the filings, the nature of the change in each director's interest was the consolidation of capital on a 20:1 basis, as approved by shareholders at a general meeting held on 21 October 2026. The effective date of change for all three director notices was 3 November 2026. In each case, the number of securities acquired and disposed of was nil, and no value or consideration was recorded. The filings also confirm that the interests were not traded during a closed period requiring prior written clearance.