The Manager
Company Announcement Office
NSX
Suite 3.3, 1 Bligh Street,
Sydney NSW 2000
Dear Sir/Madam
Octaviar Dividend Update
Further to Asset Resolution Limited (ARL or the Company) announcement of 4 April 2022 with
regard to the dividends declared from the OL and OA liquidation, the Board has now received
confirmation from the liquidators that they are unable to predict whether there will or there will not
be a final dividend. The liquidators have however, advised us that, in the event that there is any further
dividend to ARL, it is unlikely to exceed $50,000. They are attempting to resolve this matter by 2023.
The Board of ARL further announces that it is redeeming its holdings in African Lions and in The
Samuel Terry Absolute Return Fund with effect from 31 March 2022. We expect to receive
approximately $3.6 million from African Lions and approximately $ 4.6 million from Samuel Terry
Absolute Return Fund later this month.
Once completed, ARL will hold no assets other than cash.
By authority of the Board
Vicky Allinson FCCA, FGIA
Company Secretary
Chief Financial Officer
Asset Resolution Limited
Email: [email protected]
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