Shareholder Information
Demerger
For a full list of announcements click the button below and input the Deterra Royalties ASX Code “DRR”
Deterra Demerger Shareholder Cost Base
Following the implementation of the demerger of Deterra Royalties Limited from Iluka Resources Limited on 2 November 2020, the following information has been provided as a guide to calculating the cost base for Iluka shareholders who had been issued shares in Deterra Royalties.
The tax cost base of Iluka shareholders’ pre-demerger holdings should be apportioned between their Iluka and Deterra shareholdings based on the following percentages: Iluka – 54.91%, Deterra – 45.09%
This reflects the Volume Weighted Average Prices (VWAP) for the two entities in the five trading days post demerger (23-29 October 2020) of $5.2083 and $4.2771 for Iluka and Deterra, respectively.
Further information on calculation of cost bases in a demerged entity is available on the ATO website – refer ATO – Cost Base Calculations.
