Shareholder Information

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.