Acquisition of Link Group now complete
On 18 December 2023, Link Administration Holdings Limited
(ASX: LNK) (Link Group) announced that it had entered into a
scheme implementation deed with Mitsubishi UFJ Trust &
Banking Corporation (The Trust Bank), a consolidated
subsidiary of Mitsubishi UFJ Financial Group, Inc. (MUFG)
under which The Trust Bank agreed to acquire 100% of the
shares in Link Group by way of a scheme of arrangement
(Scheme).
This Scheme was implemented on 16 May 2024 and Link Group has
now been de-listed from the ASX.
If you were a shareholder and have any questions regarding the
acquisition and the impact on your previous shareholding, you
can email
investor.relations@mpms.mufg.com.
If you are an employee or former employee who was granted
shares under Link Group ESP and have any questions, please
contact us at
investor.relations@mpms.mufg.com.
ATO Class Ruling on Link Group Scheme of Arrangement
Class Ruling
CR 2024/31 Link Administration Holdings Limited - scheme of
arrangement and special dividend
can now be accessed via the ATO website at the link provided
here and can be downloaded for use in your tax preparation.
Link Market Services Investor Centre
For shareholder queries, please call 1300 934 599 (within
Australia) or +61 1300 934 599 (outside Australia) between
8:30am and 5:30pm (Sydney time), Monday to Friday.
To manage your holdings online, visit the Investor Centre
here.
Former Non-Australian shareholders
Under a scheme of arrangement we are required to pay out
scheme consideration in Australian dollars and therefore the
default payment method for foreign shareholders was a cheque
in AUD for your entitlement. We understand that not all
jurisdictions have the ability to cash such cheques.
What option do I have as an alternative to cheque?
If this is the case, foreign shareholders can make use of OFX
(an online FX payment platform). This has been set up by Link
Market Services to facilitate electronic transfers in foreign
currency for this offer and is an option offered to foreign
shareholders.
What do I do?
You will need to opt in for OFX and can sign up for this via
the
Link Investor Centre website. Once you’ve set up your OFX account you will need to
link this to your share register record.
-
Log in to the
Link Investor Centre
-
Navigate to ‘Payments and Tax’ and select
‘Foreign Currency Payment’ as your payment
method
- Authorise your Link and OFX accounts to be connected
- Confirm your receiving bank account details
- Choose your preferred currency
-
Once you are signed up, please let us know by calling the
Shareholder Information 1300 934 599 (within
Australia) or +61 1300 934 599 (outside Australia) between
8:30am and 5:30pm (Sydney time), Monday to Friday. They can
then cancel the cheque and the payment can be facilitated
via the OFX platform.
