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THORN GROUP LIMITED (ASX.TGA)

ASX, Legal & CGT Status

SHARE PRICES

(updated at weekends)
Former (or subsequent) names
CompanyFROMTO
THORN GROUP LIMITED01/09/2009
RR AUSTRALIA LIMITED01/09/2009
Shareholder links
Our website ranking of TGA: rating 4
(4 out of 5)
COMPANY WEBSITE:

 

REGISTRY:
Computershare Sydney
6 Hope St Ermington NSW 2115
Tel : +61 (0)3 9415 4000 or 1300 850 505 (within Australia)
Fax : +61 2 8235 8150
RegistryWebsite RegistryEmail

Company details
ISIN: AU000000TGA0
Address: Level 9, 1 York Street, Sydney NSW 2000
Tel:  1300 244 032 Fax: (02) 9101 5089

Date first listed: 13/12/2006

Sector: Retailing
Industry Group: XDJ
Activities: Provision of a wide range of audio visual products, kitchen and laundry appliances, computers, furniture and gym equipment on a rental basis

delisted at entity's request under Listing Rule 17.11

12/12/2023

we understand Somers Limited acquired all of the ordinary shares in Thorn that it did not already own with Thorn shareholders sent $1.17 per share in cash less any dividend or capital return announced or declared

12/12/2023

The Scheme under which it was proposed that Somers Limited would acquire all of the ordinary shares in Thorn that it does not already own has today been implemented. Thorn shareholders have today been sent $1.17 per in cash for each Thorn share they held on the Scheme Record Date (5 December 2023), less any dividend or capital return announced or declared. In accordance with the terms of the Scheme, all Thorn shares not already held by Somers, have been transferred to Somers.

11/12/2023

The Australian Taxation Office has today published Class Ruling (CR 2023/68 Thorn Group Limited "“ return of capital) in respect of the Australian income tax implication for Thorn shareholders who received the capital return approved by Thorn shareholders on 31 August 2023 and paid on 13 September 2023. The Class Ruling only applies to persons who were eligible shareholder of Thorn on 6 September 2023 and received the capital return payment of 26 cents per ordinary Thorn share on 13 September 2023 and held their Thorn shares on capital account (but are not subject to the taxation of financial arrangement rules). The Class Ruling confirms that: no part of the return of capital paid by Thorn is assessable as a dividend; and the cost base for each Thorn share will be reduced by the amount of the capital return for the purposes of calculating any capital gain or loss on the ultimate disposal of that Thorn share. An immediate capital gain will arise for shareholders where the cost base of a share is less than the amount of the capital return.

06/12/2023

The securities of Thorn Group Limited will be suspended from quotation at the close of trading today, Friday, 1 December 2023 under Listing Rule 17.2, following lodgement of the Supreme Court of New South Wales orders with the Australian Securities and Investments Commission, approving the scheme of arrangement by which Somers Limited will acquire all of the ordinary shares in TGA, which it does not already own.

01/12/2023

name changed from RR Australia Limited

01/09/2009
View ASX Announcements (courtesy of ASX)

 

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    Directors' on-market share transactions (last 5)

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    Purchases Sales

    DATEDIRECTORNATURENUMBERPRICEAMOUNT
    02/12/2020Allan Sullivan41,541$0.160$6,643
    02/12/2020Paul Oneile85,000$0.160$13,600
    10/07/2020Paul Oneile150,000$0.095$14,250
    29/11/2019Kent Bird133,186$0.225$29,967
    29/11/2019Andrew Crowther106,000$0.235$24,910

    Click here for the last 20 transactions all companies

    Directors & Executives (current)
    NAMETITLEDATE OF APPT
    Warren McLelandChairman30/08/2019
    Peter LirantzisCEO12/02/2020
    Stephen KulmarNon Exec Director15/04/2014
    Allan SullivanNon Exec Director26/08/2019
    Alexandra RoseCompany Secretary

    Date of first appointment, title may have changed.

    SPECIAL NOTE: During May 2024 we are working to remove duplications in the Company Secretary role.

    Directors & Executives (former)
    NAMETITLEDATE OF APPOINTMENTDATE OF RESIGNATION
    Paul OneileIndependent Director14/10/201911/12/2023
    Luis OrpCFO14/10/202003/10/2022
    Peter ForsbergCFO28/09/201514/10/2020
    Andrew CrowtherCFO25/05/201714/10/2020
    Kent BirdDeputy Chairman30/08/201905/10/2020
    Tim LuceManaging Director, CEO15/02/201812/02/2020
    Andrew StevensNon Exec Director01/06/201504/12/2019
    Belinda GibsonNon Exec Director01/07/201604/12/2019
    David FosterChairman01/12/201423/10/2019
    Joycelyn MortonNon Exec Director01/10/201131/05/2018
    James MarshallManaging Director, CEO01/06/201421/04/2017
    Peter HenleyNon Exec Director22/05/200723/08/2016
    Peter EatonCFO01/08/200624/07/2015
    David CarterNon Exec Director03/11/200617/11/2014
    John HughesExecutive Director03/11/200630/06/2014
    Paul LahiffNon Exec Director22/05/200723/08/2013
    Bernard CarrascoNon Exec Director03/11/200631/03/2012
    Laurence CooklinNon Exec Director14/06/2007
    Gordon HowlettNon Exec Director31/05/2007

    Date of first appointment, title may have changed.