Under the demerger, Dart Energy Limited (Dart) and its subsidiaries were demerged from the Arrow Group. The demerger involved a return of capital of $0.09 per share held in Arrow. This amount was compulsorily applied as consideration for the acquisition of shares in Dart. Shareholders in Arrow were entitled to one share in Dart for every two of their Arrow shares.
Arrow shareholders need to:
- consider whether or not to choose the rollover, and
- recalculate the cost base and reduced cost base of their Arrow and Dart shares.
If you were affected by the demerger, see Arrow Energy Limited group demerger (2010).
End of further information