PCK 6.67% 2.8¢ painchek ltd

Ann: Sale of Shares by Directors to Institutional Investors, page-289

  1. 584 Posts.
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    It doesn't mean much about voluntarily escrowed shares for 1 year. if they sell > 1 year they will have a 50% exemption on the CGT. Basically it is phrased to sound good, selling in less than 1 year would result in a significant tax hit on those shares. There is way too much upside plus tax advantage to holding > 1 year for them. It is an easy decision to make.
 
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