A restructure of Woolworths was implemented on 11 December 2012.
The restructure involved a distribution under which you received one stapled unit in Shopping Centres Australasia Property Group (SCA Property Group) for every five Woolworths shares you owned on 30 November 2012 (Distribution).
Each stapled unit in SCA Property Group is made up of:
- one unit in Shopping Centres Australasia Property Management Trust (SCA Property Management Trust), and
- one unit in Shopping Centres Australasia Property Retail Trust (SCA Property Retail Trust).
You therefore received units in both of these trusts.
The stapled units commenced trading on the Australian Securities Exchange (ASX) as SCA Property Group stapled securities.
SCA Property Group offer
You may also have been allotted SCA Property Group stapled securities by participating in the Woolworths retail shareholders offer.