Ann: Notice of Change of Interests of Substantial Holder for MEP, page-41

HI @xsol, I was just quoting the ATO's page on rollovers as I'm definitely not a tax expert - that's why I included the link.

Please don't take my word on how it all works, speak to a professional to confirm things. If it helps though...

My interpretation of what is on the ATO website on rollovers and the ADN MEP take over, is that it all about cost base of your original holding and converting it to be the cost base that of your new holding.

In the example you have given, I see it working as follows:

100,000 MEP * $0.19 = $19,000 Cost Base
100,000 MEP * 1.15 ADN = 115,000 ADN Shares
$19,000 / 115,000 = $0.1652 per share

The rollover also includes the record date of your original purchase. With the example you gave, you would use the purchase date that was approximately 10 months ago, meaning in around 2 months time you will be able to claim the 12 month CGT discount by holding both the original and new shares for a combined 12 month period.

There are also separate conditions listed in the offer document that need to considered (CGT rollover relief will not be available if Andromeda
acquires less than 80% of the Minotaur Shares under the Offer).

There is obviously a lot to take into account and everyone's tax situation is different, but for what is worth, that's my take on things.
I'm happy to be corrected by other posters and will just say again - Definitely not financial advice!