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02 December 2024
| Name: | SEVEN NETWORK LIMITED (SEV) |
| Date of Listing: | 12 August 1993 |
| Date of Delisting: | 09 July 2010 |
Stock Exchange Status:
This entity was delisted from the Australian Securities Exchange on 09 July 2010.Legal Status:
To our knowledge this entity was the subject of a takeover or merger such that your securities were acquired for consideration in the form of cash or scrip. We have not therefore verified the current legal status of this entity. If you have questions about your shareholding, as we say elsewhere, they may be taken up here: https://www.delisted.com.au/TraceLostSharesLostMoney/index/.Capital Gains Tax (CGT) Status:
To our knowledge this entity was the subject of a takeover or merger such that your securities were acquired for consideration in the form of cash or scrip. You will need to seek independent tax advice in relation to Capital Gains Tax or other tax matters but any other enquiries relating to your shareholding in the company should be followed up via our online form here: https://www.delisted.com.au/TraceLostSharesLostMoney/index/.
Updates, corrections, disagreements please email to admin@delisted.com.au
Further information: deListed and InvestoGain are operated by Investogain Pty Limited which is licensed by ASIC as an Australian Financial Services Licensee (AFSL 334036). deListed acquires only securities that it deems to be of little or no value, in circumstances where the holder is unable to sell their securities on-market in the normal manner. This service has been provided online via the company’s website www.delisted.com.au since 2004.
Getting advice: Information provided in this section is of a general nature and applicable only to Australian tax residents who hold their investments on capital account (ie for long-term investment purposes). It has been prepared without taking into account your financial needs or tax situation. Before acting on the information, deListed suggests that you consider whether it is appropriate for your circumstances and recommends that you seek independent legal, financial, or taxation advice.
Disclaimer: The information provided above is to the best of our knowledge accurate as of today. But you should bear in mind that it is of a general nature and does not constitute financial or tax advice. Investogain Pty Limited accepts no liability for any loss arising from reliance on this information, including reliance on information that is no longer current.
REGISTRY:
Boardroom Pty Ltd
Level 8, 210 George Street, Sydney NSW 2000
Tel : +61 2 9290 9600 or 1300 737 760
Fax : +61 2 9279 0664 or 1300 653 459
RegistryWebsite RegistryEmail
delisted following implementation of the schemes of arrangement in relation to the merger with WesTrac Holdings Pty Limited | 09/07/2010 |
we understand that Seven Network Ltd and WesTrac Holdings (an earth moving company previously wholly owned by Seven Network's chairman, Kerry Stokes) merged to create a new listed company called Seven Group Holdings Ltd (SVW) which listed on ASX on 30 April 2010 - shareholders in Seven Network Limited received one share in Seven Group Holdings Limited for each share held in Seven Network and Preference shares (TELYS3) were exchanged for TELYS4 shares under the 'TELYS3 Scheme' | 09/07/2010 |
we understand that on or about this date the company undertook, proposed to undertake or was the subject of the following corporate action: - merger with WesTrac Group to create Seven Group Holdings Limited - this corporate event may appear elsewhere in this company record | 29/04/2010 |
the securities of Seven Network Limited (the "Company") will be suspended from quotation at the close of trading today, Thursday 29 April 2010, at the request of the Company, following the lodgement of court orders with the Australian Securities and Investments Commission, approving the schemes of arrangement between the Company and WesTrac Holdings Pty Limited | 29/04/2010 |
shareholders who took part in the company's buy-back, received $5.80 per share, which included a fully franked dividend of $2.32 per share - the date the shares were sold under the buy-back was 22 December 2003 - if the capital proceeds of $3.48 were more than the cost base of the share, the difference is a capital gain to the shareholder in 2003-04 - if $3.48 was less than the share's reduced cost base, the difference is a capital loss | 22/12/2003 |
delisted following implementation of the schemes of arrangement in relation to the merger with WesTrac Holdings Pty Limited | 09/07/2010 |
we understand that Seven Network Ltd and WesTrac Holdings (an earth moving company previously wholly owned by Seven Network's chairman, Kerry Stokes) merged to create a new listed company called Seven Group Holdings Ltd (SVW) which listed on ASX on 30 April 2010 - shareholders in Seven Network Limited received one share in Seven Group Holdings Limited for each share held in Seven Network and Preference shares (TELYS3) were exchanged for TELYS4 shares under the 'TELYS3 Scheme' | 09/07/2010 |
we understand that on or about this date the company undertook, proposed to undertake or was the subject of the following corporate action: - merger with WesTrac Group to create Seven Group Holdings Limited - this corporate event may appear elsewhere in this company record | 29/04/2010 |
the securities of Seven Network Limited (the "Company") will be suspended from quotation at the close of trading today, Thursday 29 April 2010, at the request of the Company, following the lodgement of court orders with the Australian Securities and Investments Commission, approving the schemes of arrangement between the Company and WesTrac Holdings Pty Limited | 29/04/2010 |
shareholders who took part in the company's buy-back, received $5.80 per share, which included a fully franked dividend of $2.32 per share - the date the shares were sold under the buy-back was 22 December 2003 - if the capital proceeds of $3.48 were more than the cost base of the share, the difference is a capital gain to the shareholder in 2003-04 - if $3.48 was less than the share's reduced cost base, the difference is a capital loss | 22/12/2003 |
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Purchases Sales
| DATE | DIRECTOR | NATURE | NUMBER | PRICE | AMOUNT |
|---|---|---|---|---|---|
| 22/10/2009 | Bruce McWilliam | On market | 16,334 | $6.250 | $102,088 |
| 13/10/2009 | Bruce McWilliam | On market | 306 | $6.170 | $1,888 |
| 12/10/2009 | Bruce McWilliam | On market | 54,231 | $6.170 | $334,605 |
| 09/10/2009 | Bruce McWilliam | On market | 17,519 | $6.230 | $109,143 |
| 24/06/2009 | Bruce McWilliam | On market | 15,000 | $5.250 | $78,750 |
| NAME | TITLE | DATE OF APPT |
|---|---|---|
| Kerry Stokes | Executive Chairman | |
| Peter Ritchie | Deputy Chairman, Non Exec Director | |
| David Leckie | Managing Director, CEO | |
| David Aspinall | COO | |
| Peter Lewis | CFO | |
| Murray Wells | Non Exec Director | |
| Elizabeth Boling | Non Exec Director | |
| Peter Gammell | Non Exec Director | |
| William Rayner | Non Exec Director | |
| Bruce McWilliam | Executive Director | |
| Ryan Stokes | Executive Director | |
| Robin Waters | Alternate Director | |
| Warren Coatsworth | Company Secretary |
Date of first appointment, title may have changed.
Date of first appointment, title may have changed.
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