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Asciano Shareholder Information

Dividends Paid

The Board of Directors of Asciano determined to pay a FY16 fully franked interim dividend of 13 cents per share on 24 February 2015. The dividend was paid on 20 February 2015. The dividend was paid on 24 March 2016.

Scheme of Arrangement

Asciano Scheme is now legally complete

On 29 July 2016 Asciano lodged with the Australian Securities and Investments Commission orders of the Supreme Court of New South Wales approving the Scheme of Arrangement (“Scheme”) under which Australian Logistics Acquisition Investments Pty Limited will acquire the Asciano shares held by all Asciano shareholders (other than the excluded shareholders). The Scheme accordingly became legally effective and was implemented on 19 August 2016. The consideration under the Scheme was $9.15 per share in cash. The consideration of $9.15 included a $0.87 fully franked dividend.

Key Dates Current Scheme of Arrangement

Effective Date of the Scheme / last day of trading in Asciano shares: Friday, 29 July 2016

Special Dividend Record Date: Wednesday, 3 August 2016

Special Dividend Payment Date: Thursday, 11 August 2016

Record date for determining entitlement to Scheme Consideration: Friday, 12 August 2016

Scheme Implementation Date: Friday, 19 August 2016

Further information

Asciano shareholders can obtain further information by contacting the share register, Computershare on 1300 729 310 for shareholders located in Australia, and +61 3 9415 4608 for shareholders located outside Australia.

Corporatisation – Cost Base

Prior to 15 November 2010, AIO was a stapled security, comprising one share in Asciano Ltd and one unit in Asciano Finance Trust.   On 15 November 2010, AIO undertook a corporatisation exercise whereby Asciano Ltd acquired all the units in Asciano Finance Trust and AIO became a single entity structure. As part of that exercise, AIO obtained a Class Ruling CR 2010/47 which confirmed that unitholders can elect to roll over their cost base in units in Asciano Finance Trust to their shares in Asciano Limited. 

To access the Class Ruling on the ATO’s website, click here

Asciano 2008 Tax Statement Guide

For information relating to the Asciano 2008 tax distributions and 2008 capital gains tax considerations, click here

ATO Class Ruling – Asciano Employee Share Scheme

On 14 December 2016 the ATO released a class ruling in respect of the treatment of franking credits on dividends vested under the Asciano employee share scheme. View CR 2016/94 on the ATO website.