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JUPITERS LIMITED (JUP)

Delisted from ASX 03/12/2003

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delisted following completion of the scheme of arrangement with Tabcorp Holdings Limited

03/12/2003

we understand Tabcorp offered A$285 cash and 24 Tabcorp ordinary shares for every 100 Jupiters ordinary shares held by a Jupiters ordinary shareholder at 5pm (Brisbane time) on 10 November 2003 - there were three options - those who made a valid Maximum Shares Election were to receive 0.525 Tabcorp shares per Jupiters ordinary share for 47.762% of their Jupiters shares and A$5.25 for each of the remainder of their shares - those who made a valid Maximum Cash Election were to receive A$5.25 cash per share - those who did not make any election were to receive the standard A$285 cash and 24 Tabcorp shares for every 100 of their Jupiters shares

03/12/2003

according to the Australian Taxation Office, when Jupiters Limited merged with TABCorp, partial scrip-for-scrip rollover was available where TABCorp shares were acquired - rollover is not available for the cash amounts received (note that scrip-for-scrip rollover does not apply to a capital loss) - if scrip-for-scrip rollover does not apply and the cost base of the Jupiter share was more than $11.28, the difference was a capital gain in 2003-04 - if $11.28 was less than the share's reduced cost base, the difference was a capital loss

13/11/2003

name changed from Jupiters Development Limited

25/11/1991

ASX Announcements (courtesy of ASX)

 

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    Directors' on-market share transactions (last 5)

     

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