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My reading starts with scrip for scrip rollover provisions.But...

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DefinedBenefit0

3,535 Posts.

331

02/08/21

18:59

Post #: 54972509
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Originally posted by Teddyward: ↑

Probably yes and yes but it depends on the final offer document and also if OSH / STO apply for tax relief from ATO with a ruling. No one will know till offer document and the fairness statement is written after both parties do due dilligence. There are special tax provisions for merged and takeover situations if the companies choose to use them .
That offer formalised is then presented to shareholders
If the offer is approved by shareholders and they accept then yes your OSH shares dissapear and you end up with STO shares at the ratio. OSH and OSH ticker will no longer exist . Only STO ticker will exist.

"When the OSH shares convert to STO shares will this trigger a capital gains event? Example I only own OSH for 1-2 months so far, will this trigger a CGT event and force me to receive gains without the discount? Just to make it clear, will my OSH share disappear and convert in to STO shares? Or will OSH still be a separate entity with the OSH ticker? "

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My reading starts with scrip for scrip rollover provisions.

But this is not financial advice- that you would seek from an appropriate professional or from the ATO.

IMHO DYOR

OSH Price at posting: $3.99 Sentiment: Buy Disclosure: Held
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0 Great analysis

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