OFM Investment Group Limited (OFM) demutualisation: impact on individual shareholders
This fact sheet applies to those who received shares in OFM Investment Group Ltd (OFM) as a result of the demutualisation of OFM Ltd.
A mutual company is a company without shareholders and share capital. Demutualisation is a method by which a mutual company changes to a company with shareholders and share capital.
If shares in the demutualised company are listed for trading on an Australian Stock Exchange (ASX) within two years of it demutualising, then certain tax concessions may apply to the original members and shareholders.