Indoor Skydive Australia Group Limited (ASX:IDZ) (ISA Group) is pleased to announce the release of the formal name change as resolved at the FY2021 Annual General Meeting.
The change in name aligns with the company’s growth strategy and broadening of services on a global scale.
The Board of Directors would like to thank those that attended the AGM on the 30th November which supported the change of name from Indoor Skydive Australia Group Ltd to xReality Group Ltd.
The passed resolution has been submitted to ASIC and has now been formally approved. Over the coming days, we expect the change to be updated on the ASIC website. The ASX has also informed that they will be updating their systems on the 8th of December to change the ticker code from (ASX:IDZ) to the new code (ASX:XRG). The company maintains the same ABN and ACN with no other changes affecting current shareholders.
The new website will be live at xrgroup.com.au, and the old website will redirect through to this.
“The change of name clearly aligns with our future growth strategy and marks the beginning of an exciting journey for the company and shareholders” said Wayne Jones, CEO.”As soon as the formalities are complete, the company will launch its new website xrgroup.com.au, where we will continue to keep our shareholders and customers up to date on the portfolio of companies under the new entity.”