Key Highlights

  • Orion Equities (ASX:OEQ) shares traded at $0.145, down 17.14%, during the 26 October 2026 session.
  • Shareholders will vote on delisting at the AGM on 27 November 2026.
  • Delisting would occur no earlier than one month after approval.

Orion Equities Ltd (ASX:OEQ) shares traded at $0.145, down 17.14%, during the Trading session on 26 October 2026, while the S&P/ASX 200 index (XJO) stood at 8,805.30, up 0.11% or 10.10 points, at 2:06 pm. On the same day, the company released an ASX announcement dated 26 October 2026 covering a proposed voluntary delisting from the ASX.

Orion Equities is an ASX-listed Investment company, and the announcement sets out the delisting proposal, its process and consequences.

Proposed delisting (26 October 2026)

Orion said it will seek Shareholder approval at its AGM on 27 November 2026 for removal from the official list under ASX Listing Rule 17.11A.2. The rule requires a special resolution and certain disclosures in the notice of meeting. If shareholders approve, the company will formally request delisting, and under ASX Guidance Note 33 the exchange would ordinarily agree if the requirements are met.

Process and consequences

Delisting would take place no earlier than one month after approval, with the company announcing the last day of trading and the removal date. It would no longer be subject to the ASX Listing Rules but would remain subject to the Corporations Act and its constitution, as an unlisted disclosing entity. The board considers on balance that putting the proposal to shareholders is in the company's best interests, and details will be in the notice of meeting.

About Orion Equities

Orion Equities Limited (ASX:OEQ) is an investment company listed on the ASX and holds investments for its shareholders.

Related sector context

Voluntary delisting by ASX-listed entities follows a prescribed process, including shareholder approval and a timetable. Companies that delist remain subject to corporate law disclosure obligations.

The XJO was up 0.11% at 2:06 pm on the day.

Risks to weigh in

The delisting requires shareholder approval and ASX agreement, and if completed it would remove the ability to trade shares on the ASX. The explanatory statement was still to be despatched.

Catalysts on watch

Items to follow include the notice of meeting and explanatory statement, the 27 November 2026 AGM vote and any ASX conditions.

Summing up

Orion Equities (ASX:OEQ) traded 17.14% lower during the 26 October 2026 session, while its announcement, dated 26 October 2026, announced a proposal to delist from the ASX subject to shareholder approval.