TREATMENT OF CURRENT TAKEOVERS, ISSUES, MERGERS ETC.

As new takeovers, mergers, issues, etc are finalised, how to deal with them in STEX Portfolio Manager will be put on this page:

Disclaimer: Any information detailed is an example only and not suitable to be acted on as investment advice. You must obtain independent advice from your broker, investment advisor or accountant before making any investment decisions relying on the information.
The following is general only to show a method of processing the arrangement - do not rely on the figures used - consult the paperwork supplied by the company, your accountant or the Australian Taxation Office.

ALWAYS CREATE A BACKUP OR DUPLICATE PORTFOLIO BEFORE MAKING AN ADJUSTMENT

Telstra Buy Back Sep 2016
Iron Mountain (INM) takeover of Recall Holdings (REC)
Caltex Australia Buy Back April 2016
Vocus Communications (VOC) takeover of M2 Group (MTU)
NAB - CYBG demerger
Programmed Maintenance (PRG) takeover of Skilled Group (SKE)
Independence Group NL (IGO) takeover of Sirius Resources NL (SIR)
BHP- South32 Demerger
Rio Tinto Buy Back April 2015
Novion Property Group ( NVN ) merger with Federation Centres ( FDC )
Amcor (AMC) Demerger to Orora (ORA)
Westfarmers (WES) - Capital Management Initiative (Dec 2014)
WESTFIELD GROUP (WDC) & WESTFIELD RETAIL TRUST MERGER (WRT) June 2014
DEXUS (DXS) takeover of Commonwealth Property Office Fund (CPA)
Macquarie (MQG) Distribution of Sydney Airport (SYD) securities
Brambles Demerger to Brambles & Recall
Westfarmers - Return of Capital & Share Consolidation
Silverlake (SLR) merger with Integra (IGR)
APA Stapled (APA) takeover of Hastings Diversified Utilities (HDF)
SCA Property Group stapled securities issued ex Woolworths Ltd
St Barbara (SBM) merger with Allied Gold (ALD
TABCORP demerger to TABCORP & ECHO
 
See OLD Takeovers, Issues, Mergers
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ALWAYS CREATE A BACKUP OR DUPLICATE PORTFOLIO BEFORE MAKING AN ADJUSTMENT

Telstra Buy Back Sep 2016

You must seek advice from your financial advisor/accountant as the following is general only to show the method of processing the arrangement - do not rely on the figures used - consult the paperwork supplied by the company.

Buy back details:- A 14% discounted sale price of $4.43 made up of a fully franked dividend $2.65 and a capital component of $1.78
Use Transactions > Equities and select Dividend
Enter a fully franked TLS dividend for the dividend component of $2.65 per share.
Use Transactions > Equities and select Sale
Enter a Sale for TLS for the number sold at a sale price of $1.78
This completes the transaction

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Iron Mountain (INM) takeover of Recall Holdings (REC)

Standard Consideration
For every REC share you get $0.6485 cash and 0.1722 INM securities.
There are 3 steps to this adjustment.
1. For every REC share you get $0.6485 cash as a UF dividend
Use Transactions > Equities
Enter a unfranked DIVIDEND for REC dated 2/5/16 to the value of No.of REC shares x $0.6485
2. For every REC share you get 0.1722 INM securities
Use Transactions > Adjust Data for Issues, reconstructions etc
Enter the code REC
Select 'Reconstruction'
Enter the ratio 0.1722 for every 1 shares held
Select all the transactions
(Ensure that the NEW total equals the actual INM received - adjust if required)
Click Make Adjustments
3. The code and name change
Select Tools > ASX Code Changed
Change REC to INM Iron Mountail Inc
Click Make Changes

This completes the transaction

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Caltex Australia Buy Back April 2016

You must seek advice from your financial advisor/accountant as the following is general only to show the method of processing the arrangement - do not rely on the figures used - consult the paperwork supplied by the company.

Buy back details:- Discounted sale price of $29.39 made up of a fully franked dividend $27.38 and a capital component of $2.01.
Use Transactions > Equities and select Dividend
Enter a fully franked CTX dividend for the dividend component of $27.38 per share.
Use Transactions > Equities and select Sale
Enter a Sale for CTX for the number sold at a sale price of $2.01
This completes the transaction

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Vocus Communications (VOC) takeover of M2 Group (MTU)

You get 1.625 VOC shares for every 1 MTU share held
1.
Use Transactions > Adjust Data for Issues.
Select Reconstruction
Enter code - MTU
Enter the date of the takeover - 8/2/16
Enter the ratio 1.625 for every 1 shares held - press Enter
(Ensure that the NEW total equals the actual VOC received - adjust if required).
Click Make Adjustments
2. The code and name change
Select Tools > ASX Code Changed
Change MTU to VOC Vocus Communications
Click Make Changes
This completes the transaction

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National Bank NAB - CYBG demerger

The number National Bank (NAB) shares you hold will not change.
You will receive 1 new CYBG(CYB) Chess depositary interest (cdi) for every four NAB shares held. The cost base of each CYB cdi will be $4.01. The cost base of your NAB shares will be reduced by the value of the CYB cdi's received.

To enter into STEX Portfolio Manager:-
(Note: As no monies are paid out or received do not use either a cash book bank account or standard bank account number with the following)
1. Enter a BUY transaction for CYBG (CYB)
Transactions > Enter Data > BUY dated 8/2/2016 for the number of CYB shares received at a unit price of $4.01 ea
(the Total Cost arrived at will be the capital return on NAB in the next step)
2. Enter a non-cash Capital Return for NAB
Transactions > Adjust Data for Issues, Reconstructions, Capital Returns .....
The value of the Capital Return will be the Total Cost base of your CYB cdi's.

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Programmed Maintenance (PRG) takeover of Skilled Group (SKE)

For every SKE share you get $0.25 cash and 0.55 PRG securities.
There are 3 steps to this adjustment.
1. For every SKE share you get $0.25 cash as a FF dividend
Use Transactions > Equities
Enter a Fully Franked DIVIDEND for PRG dated 1/10/15 to the value of No.of SKE shares x $0.25
2. For every SKE share you get 0.55 PRG securities
Use Transactions > Adjust Data for Issues, reconstructions etc
Enter the code SKE
Select 'Reconstruction'
Enter the ratio 0.55 for every 1 shares held
Select all the transactions
(Ensure that the NEW total equals the actual PRG received - adjust if required)
Click Make Adjustments
3. The code and name change
Select Tools > ASX Code Changed
Change SKE to PRG Programmed Maintenance Ltd
Click Make Changes

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Independence Group NL (IGO) takeover of Sirius Resources NL (SIR)

IGO will aquire all the shares in SIR.
SIR shareholders will receive :-
$0.52 cash for every 1 SIR held
0.66 IGO shares for every 1 SIR held
1 S2 Resources ltd (S2) share for every 2.5 SIR shares held
.

There are 4 steps to this adjustment.
1. For every SIR share you get $0.52 cash.
Use Transactions > Adjust Data for Issues, reconstructions and select Capital Return.
Enter a capital return for SIR dated 15/9/15 to the value of the No. of SIR shares x $0.52.
2. For every 1 SIR held you get 0.66 IGO shares.
Use Transactions > Adjust Data for Issues, reconstructions etc. Enter the code SIR Select Reconstruction. Enter the ratio 0.66 for every 1 shares held
Select all the transactions. Make sure that the total in the NEW column is what you actually received (adjust if necessary) Click Make Adjustments
3. Change the name and code from SIR to IGO
Click Tools > ASX Code Changed.
Enter the Old code - SID. Enter the New Code - IGO. Enter the new name - Independence Group NL. Click Make Changes.
4. You get 1 S2 Resources share for every 2.5 SIR shares held
Enter a BUY transaction for S2 (S2 Resources NL) dated 15/9/15 for that number (it appears to be at $0 cost. You will need to check with your financial advisor)

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BHP Ltd- South32 Ltd Demerger

Details:- 1 South32 Ltd share for every BHP share held

Part 1 - New South32 (S32) shares

For BHP shares acquired after 20th September 1985
The cost base is apportioned - BHP 92.9% & South32 7.1%
Determine the number and the total cost of your BHP shares acquired after 20/9/85
For example: If you hold 1000 post 20/9/85 shares at a total cost of $20,000
92.9% of 20,000 = $18,580 and 7.1% of 20,000 = $1,420
You would now have 1000 BHP total cost $18,580 ($18.58 ea) and 1000 South32 total cost $1,420 ($1.42 ea)

To enter into STEX Portfolio Manager:-
(Note: As no monies are paid out or received do not use either a cash book bank account or standard bank account number with the following)
(1) Capital return (to reduce the BHP cost base by the S32 value)

Use Transactions > Adjust Data for Issues. Select Capital Return
Enter a capital return for BHP for the value of South32 proportion (i.e.7.1% of BHP total cost)
Only SELECT the holdings post 20/9/85. Note the number of shares selected as this will be the same number of South32 shares issued in this post 20/9/1985 category.

(2) S32 South32 shares.
Use Transactions > Equities
Enter a BUY transaction for S32 for the number of shares issued post 20/9/1985
Total cost will be the same amount as the BHP capital return.

For shares acquired before 20th September 1985 with no demerger tax relief chosen.
Treat these shares the same way as above. Date the new South32 at 24/5/2015

For shares acquired before 20th September 1985 and you opt for demerger tax relief.
Treat these shares the same way as above but these shares will be treated a pre- Capital Gain Tax shares. Date the new South32 at a date prior 20/9/1985

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ALWAYS CREATE A BACKUP OR DUPLICATE PORTFOLIO BEFORE MAKING AN ADJUSTMENT

Rio Tinto Buy Back April 2015

You must seek advice from your financial advisor/accountant as the following is general only to show the method of processing the arrangement - do not rely on the figures used - consult the paperwork supplied by the company.

Buy back details:- Discounted sale price of $48.44 made up of a fully franked dividend $39.00 and a capital component of $9.44.
The additional capital component for tax purposes is $7.34

Use Transactions > Equities and select Dividend
(If you use cash book or bank accounts select the bank account number fot this transaction.)
Enter a fully franked RIO dividend for the dividend component of $39.00 per share.

Use Transactions > Equities and select Sale
(Note: Do not use a cash book bank account for this part of the transaction as the sale amount is a deemed sale amount for capital gains tax purposes. The bank adjustment will be done later.)
Enter a SALE for RIO for the number sold at a sale price of $16.78. (being $9.44 + $7.34)
If you use cash book accounts:- Use Transactions > Cash Book to enter the actual capital proceeds of the sale (No. of shares x $9.44) (Debit the bank account /credit Share Proceeds) OR if using Transactions > Bank Accounts:- Manually enter the actual capital proceeds of the sale to the bank account (No. of shares x $9.44)
This completes the transaction

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Novion Property Group ( NVN ) merger with Federation Centres ( FDC )

For every NVN stapled security you get 0.8225 FDC stapled securities.

Display a Current Status Report and note the number of shares held (a) and the Total COST of the NVN shares (b) (Total Cost not the Current Value)
Multiply the number of NVN shares (a) by 0.8225. The result (c) should be the number of new FDC you have been issued. There may be a slight difference due to rounding - use the number of new shares that have been issued.

Don't use bank accounts for the following.
1. Enter a BUY transaction for FDC for the number of new FDC you have been issued at a Total Cost of the NVN shares (b) above
2. To remove the NVN shares - enter a SELL for NVN for the number of NVN held (a) at the total cost (b)

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ALWAYS CREATE A BACKUP OR DUPLICATE PORTFOLIO BEFORE MAKING AN ADJUSTMENT

Amcor (AMC) Demerger to Orora (ORA)

Eligible Amcor shareholders will receive one Orora share for every one Amcor share. Shareholders will retain their existing Amcor shares.
The cost base of your new Orora shares will be 10.5% of your existing Amcor cost base. Your new Amcor cost base will be 89.5% of your existing cost base value.

Display a Current Status Report and note the Total Cost of the Amcor shares. (Total Cost not the Current Value)
Amcors new cost base will be 89.5% and Orora cost base will be the remaining 10.5%
To enter into STEX Portfolio Manager:-
(Note: As no monies are paid out or received do not use a cash book bank account or standard bank account number with the following)
 
Capital return.to reduce the cost base of AMC by 10.5%
Use Transactions > Adjust Data for Issues. Select Capital Return
Enter a capital return for AMC for the cost of Orora ( i.e. 10.5% of the
Total Cost of the Amcor shares)
New ORA shares - the same number of AMC shares for a total cost the same as the AMC capital return.
Use Transactions > Equities
Enter a BUY transaction for ORA Orora Ltd for the number of ORA shares issued
The total cost will be
the same as the AMC capital return

This completes the transaction Back to Takeovers, Merger

 

Westfarmers (WES) - Return of Capital & Share Consolidation (Dec 2014)

Westfarmers have made a capital return of A$ 0.75 per share on ordinary shares and a share consolidation of 0.9827 shares for every 1 share. There is also a standard fully-franked dividend of A$0.25 per share.

Return of Capital
Use Transactions > Adjust Data for Issues. Select Capital Return
Enter a capital return for WES dated 28/11/14 to the value of No.of WES shares X $0.75
Make sure the amount equals the actual amount of capital return in the documentation from WES
Click Make Adjustments

Share Consolidation
Use Transactions > Adjust Data for Issues, reconstructions etc. Enter a Reconstruction for WES
Enter the ratio 0.9827for every 1 shares held
Select all the transactions
Make sure the number of New shares equals the number of WES shares you now hold
Click Make Adjustments

Dividend
Enter a standard fully-franked dividend as per your dividend slip.

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WESTFIELD GROUP (WDC) & WESTFIELD RETAIL TRUST MERGER (WRT) June 2014

On 20 June 2014 Westfield Group Stapled (WDC) & Westfield Retail Trust Stapled (WRT) merged with WDC's Australasian business to create two new listed retail property groups, SCENTRE Group (SCG) and WESTFIELD Corporation (WFD).
1. WDC shareholders will receive 1 security in WFD and 1.246 securities in SCG for each WDC security held at the Record Date.
2. WRT shareholders will receive a capital return of $0.2853 and receive 0.918 securities in SCG for each WRT security held at the Record Date

To process in STEX Portfolio:-

Westfield Retail Trust (WRT) shareholders :-
1. Enter a Capital Return (Transactions > Adjust Data for Issues etc > Capital Return ) for WRT for the total of (number of WRT shares held x $0.2853) eg. 1000 X 0.2853 = $285.30
2. Enter a Reconstruction on WRT 0.918 units for every 1 share held
3. Enter a code & name change (Tools > ASX Code Changed) for old code WRT to the new code SCG stock name SCENTRE Group.

Westfield Group (WDC) shareholders :-
Determine the current cost base of your WDC holding.
To do this display the Portfolio Valuation report by totals only and note the number of units (U) and the ave unit price (UP) & total cost (TC) for WDC
For every WDC share you receive 1 WFD and 1.246 SCG.
To calculate the units and cost bases:-
Divide the ave unit price (UP) by 2.246 to give you the unit price for each of WFD and SCG units. We will call that price (NP)
WFD units will be the same as the number of WDC units now held and the unit price (NP)
SCG units will equal the units held in WDC multiplied by 1.246 and the unit price (NP)

Say you hold 1000 WDC units at a unit cost price of $6.738. Total cost $6,738
:. Unit price will be $ 6.738 / 2.246 = $ 3.00 per share
WFD holding 1000 units, unit price $3.00 at a total cost $3,000.00
SCG holding 1246 units, unit price $3.00 at a total cost $3,738.00

1. Enter a BUY transaction (Transactions > Equities, Funds Trusts etc) for WFD Westfield Corporation for the number of shares held in WDC (U) @ unit price of (NP)
2. Enter a BUY transaction (Transactions > Equities, Funds Trusts etc) for SCG Scentre Group for the number of shares held in WDC x 1.246 (N) @ unit price of (NP)
3. To remove WDC from the portfolio enter a SELL transaction for WDC for the number of units held in WDC @ the total cost determined at (TC) above.

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DEXUS (DXS) takeover of Commonwealth Property Office Fund (CPA)

For every CPA share you get $0.7745 cash and 0.4516 DXS securities.
There are 3 steps to this adjustment.
1. For every CPA share you get $0.7745 cash
Use Transactions > Adjust Data for Issues, reconstructions et
Select Capital Return
Enter a capital return for CPA dated 28/2/14 to the value of No.of CPA shares x $0.7745.
2. For every CPA share you get 0.4516 DXS staples securities
Use Transactions > Adjust Data for Issues, reconstructions etc
Enter the code CPA
Select 'Reconstruction'
Enter the ratio 0.4516 for every 1 shares held
Select all the transactions
Click Make Adjustments
3. The code and name change
Select Tools > ASX Code Changed
Change CPA to DXS Dexus
Click Make Changes

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Macquarie (MQG) Distribution of Sydney Airport (SYD) securities

For every 1 MQG share held you will be issued 1 new Sydney Airports ( SYD ) share with a cost base of A$3.73 per share (made up from a MQG distribution being a Special Dividend of A$1.1563 per share 40% franked and a return of capital of A$2.5737 per share. The result of the capital return on MQG effectively means a share consolidation of 0.9438 for 1 )

There a 4 steps to this procedure:-
1. Record Sydney Airports (SYD) shares
Use Transactions > Equities ( shares)..... > BUY
Enter a BUY transaction for SYD being the number of MQG shares originally held at a price of $3.73 per share.
2. MQG special dividend of A$1.1563 per share 40% franked
Use Transactions > Equities ( shares)..... > Dividend
Enter a dividend being the number of MQG shares held x A$1.1563
Unfranked 60% of the dividend
Franked 40% of the dividend
(no cash will be paid as it used as part payment for the SYD shares)
3. MQG capital return of AQ$2.5737
Use Transactions > Adjust Data for Issues. Select Capital Return
Enter a capital return for MQG dated 10/1/14 to the value of No. of MQG shares x $2.5737
4. MQG capital consolidation
Use Transactions > Adjust Data for Issues. Select Reconstruction
Enter a Reconstruction for MQG dated 10/1/14 the ratio being 0.9438 for every 1 share held

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Brambles demerger to Brambles and Recall Holdings

The number Brambles (BXB) shares you hold will not change. You will be issued 1 new Recall Holding ( REC ) share for every 5 Brambles share held. The new cost bases will be Brambles 90.91% , Recall 9.09%

1. Enter a non-cash Capital Return for Brambles
Transactions > Adjust Data for Issues, Reconstructions, Capital Returns .....
The value of the Capital Return will be the current cost base of your Brambles (BXB) shares X 0.0909
This amount will also be the total cost base of the Recall (REC) shares. The date will be 16/12/2013

2. Enter a BUY transaction for Recall Holdings (REC)
Transactions > Enter Data > BUY dated 16/12/2013 for the number of REC shares received at a Total Cost (same as the BXB capital return) above.

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Westfarmers - Return of Capital & Share Consolidation

Westfarmers will make a capital return of A$ 0.50 per share on ordinary shares (WES) and partially protected shares (WESN) and a share consolidation of 0.9876 shares for every 1 share on both WES and WESN

(If you have both WES and WESN then you will need to repeat each process)

1. Return of Capital
Use Transactions > Adjust Data for Issues. Select Capital Return
Enter a capital return for WES dated 15/11/13 to the value of No.of WES shares $0.50
(If you have partially protected shares repeat the process above for WESN)
 
2. Share Consolidation
Use Transactions > Adjust Data for Issues, reconstructions etc
Enter the code WES
Select 'Reconstruction'
Enter the ratio 0.9876for every 1 shares held
Select all the transactions
Make sure the number of New shares equals the number of WES shares you now hold
Click Make Adjustments
(If you have partially protected shares repeat the process above for WESN)
 
3. Merge WESN into WES
WESN shares become WES shares on a 1:1 basis so all you need to do is use Tools > ASX Code Changed and change the code from WESN to WES.

This completes the transaction
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ALWAYS CREATE A BACKUP OR DUPLICATE PORTFOLIO BEFORE MAKING AN ADJUSTMENT

Silverlake (SLR) merger with Integra (IGR)

Integra (IGR) shareholders will receive 1 Silverlake (SLR) share for every 6.28 Integra shares held.
1. Use Transactions > Adjust Data for Issues, reconstructions etc
Enter the code IGR
Select 'Reconstruction'
Enter the ratio 1 for every 6.28 shares held
Select all the transactions
Make sure the number of New shares equals the number of Silverlake shares you now hold
Click Make Adjustments
2. Make a name and code change
Tools > ASX Code Changed change the code & name from IGR to SLR Silverlake Mining
 
This completes the transaction
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APA Stapled (APA) takeover of Hastings Diversified Utilities (HDF)

For every HDF share you get $0.775 cash and 0.39 APA staples securities.
There are 3 steps to this adjustment.
1. For every HDF share you get $0.775 cash
Use Transactions > Adjust Data for Issues. Select Capital Return
Enter a capital return for HDFdated 13/12/12 to the value of No.of HDF shares x $0.775
2. For every HDF share you get 0.39 APA staples securities as well.
Use Transactions > Adjust Data for Issues, reconstructions etc
Enter the code HDF
Select 'Reconstruction'
Enter the ratio 0.39 for every 1 shares held
Select all the transactions
Make sure the number of New shares equals the number of APA shares you now hold
Click Make Adjustments
3. The code and name change - Select Tools > ASX Code Changed
Change HDF to APA APA Stapled Securities Ltd
Click Make Changes

This completes the transaction
Back to Takeovers, Mergers

ALWAYS CREATE A BACKUP OR DUPLICATE PORTFOLIO BEFORE MAKING AN ADJUSTMENT

SCA Property Group stapled securities issued ex Woolworths Ltd

Shareholders will receive one stapled unit in (SCP) SCA Property Group for every five (WOW) Woolworths Ltd shares held. Shareholders will retain their existing Woolworth shares.

WOW shares will have a capital reduction of $ 0.7299279 per stapled security issued and a fully franked dividend of $ 0.7097721 per stapled security issued. SCP securities will be added to the portfolio at a unit cost of the capital reduction & the dividend i.e. $ 1.4397 per unit.
To enter into STEX Portfolio Manager:-
As no monies are paid out or received do not use a cash book bank account or standard bank account number with any of the following.
Use the figures supplies in the Woolworth in-specie distribution advice for the entries below
Capital return on WOW.
Use Transactions > Adjust Data for Issues. Select Capital Return
Enter a capital return for WOW dated 30/11/12 to the value of No.of SCP stapled securities issued by $ 0.7299279
Woolworths dividend
Use Transactions > Equities > DIVIDEND.
Enter a dividend for WOW dated 30/11/12 to the value of No.of SCP stapled securities issued by $ 0.7097721
New SCP Staples Securities.
Use Transactions > Equities > BUY.
Enter a BUY transaction for SCP dated 30/11/12 the price of $ 1.4397 per unit
 
(Note: The code SCP was previously used by Spicers Paper and may still be listed as Spicers in the ASX Codes list. To change, click File > Open > ASX Codes List. Locate the code SCP then edit the Security Name to SCA Property Group. To Save, click File > Save. )
 
This completes the transaction

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St Barbara (SBM) merger with Allied Gold (ALD)

Details: 0.8 SBM shares & A$1.025 cash for each ALD share held

The number of new SBM shares will be number of ALD held x 0.8
( example: 1200 ALD shares x 0.8 = 960 new SBM shares)

1. Using Transactions > Adjust Data for Issues.... process a Capital Return on ALD @ A$1.025 per share held
2 .Using Transactions > Adjust Data for Issues.... process a Reconstruction of 0.8 SBM shares for each 1 ALD held.
Note: re consolidation - Before clicking 'Make Adjustments' ensure that the total in new shares column equals the new number on the advice provided by SBM as it may differ by 1 or 2 due to rounding. If not adjust one of the items in the new column.
3. The name change - Select Tools > ASX Code Changed
Change ALD to SBM St Barbara Ltd
Click Make Changes

This completes the transaction

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ALWAYS CREATE A BACKUP OR DUPLICATE PORTFOLIO BEFORE MAKING AN ADJUSTMENT

TABCORP demerger to TABCORP & ECHO

You must seek advice from your financial advisor/accountant as the following is general only to show the method of processing the arrangement - do not rely on the figures used - consult the paperwork supplied by the company.

It appears from the documentation that eligible Tabcorp shareholders will receive one ECHO share for every one TABCORP Shares. Shareholders will retain their existing TABCORP Shares.
TAH shares will have a capital reduction of $ 3.2264 per share
EGP shares will be added to the portfolio at a total cost of the Tabcorp capital reduction.
(These details would have been communicated to you as a 'Transaction Confirmation Statement')

To enter into STEX Portfolio Manager:-
(Note: As no monies are paid out or received do not use a cash book bank account or standard bank account number with the following)
 
Capital return.
Use Transactions > Adjust Data for Issues. Select Capital Return
Enter a capital return for TAH for the total of (number of EGP shares issued x $ 3.2264)
New EGP shares.
Use Transactions > Equities
Enter a BUY transaction for EGP for the number of EGP shares issued
The total cost will be the same amount as the TABCORP capital return.

This completes the transaction

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See OLD Takeovers, Issues, Mergers