As previously disclosed, the Company requested an Australian Taxation Office (ATO) Class Ruling for the off market buy back conducted in September 2018. This has now been released by the ATO and can be obtained at this link.
A PDF version can be also be found on our website at this link
The ruling confirms that no part of the proceeds of $0.96 per share received by Participating Shareholders as a result of the buy-back is a dividend under subsection 159GZZZP(1) or under subsection 6(1).