Share
384 Posts.
lightbulb Created with Sketch. 66
clock Created with Sketch.
20/10/21
15:03
Share
Originally posted by JungleJim1:
↑
I found this for the Iluka/Deterra demerger document 10/9/2020 FOREIGN JURISDICTIONS AND SHAREHOLDERS Iluka Shareholders who are Ineligible Overseas Shareholders will not receive Deterra Shares under the Demerger. Deterra Shares that would otherwise be transferred to these shareholders under the Demerger will be transferred to the Sale Agent to be sold, with the proceeds of such sale to be paid to Ineligible Overseas Shareholders. Refer to Sections 4.8.2 for further information. Iluka Shareholders which reside outside Australia for tax purposes should seek specific tax advice in relation to the Australian and overseas tax implications of the Demerger. This Demerger Booklet does not in any way constitute an offer of securities in any place in which, or to any person to whom, it would be unlawful to make such an offer. No action has been taken to register or qualify the Deterra Shares or otherwise permit a public offering of Deterra Shares in any jurisdiction outside Australia. Based on the information available to Iluka as at the date of this Demerger Booklet, Iluka Shareholders whose addresses are shown in the register on the Record Date as being in the following jurisdictions will be entitled to have Deterra Shares transferred to them under the Demerger: • Australia, New Zealand, Hong Kong, Singapore, the United Kingdom or the United States; or • any other jurisdiction in which Iluka reasonably believes it is not prohibited or unduly onerous or impractical to implement the Demerger and to transfer Deterra Shares to the Iluka Shareholder. lluka Resources Limited | Demerger of Deterra Royalties Limited 1 Nominees, custodians and other Iluka Shareholders who hold Iluka Shares on behalf of a beneficial owner resident outside Australia, New Zealand, Hong Kong, Singapore, the United Kingdom or the United States may not forward this Demerger Booklet (or any accompanying document) to anyone outside these countries without the consent of Iluka.
Expand
As a guide only you maybe able to use the Definition of an eligible Iluka shareholder used in the Iluka demerger document: Iluka Shareholder whose registered address on the Iluka Share Register onthe Record Date is in: • Australia, New Zealand, United Kingdom, Hong Kong, Singapore or theUnited States; or • a jurisdiction in which Iluka reasonably believes it is not prohibited or unduly onerous or impractical to implement the Demerger and to transfer the Deterra Shares to the Iluka Shareholder. I guess we have to wait for the demerger document