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Important Information for former shareholders of Mantra Group Limited (ASX:MTR)

On 23 May 2018, the Scheme of Arrangement between Mantra Group Limited and Mantra Shareholders became effective. Implementation of the Scheme on 31 May 2018 resulted in all Mantra Shares being acquired by AAPC Limited (a subsidiary of Accor S.A.) and Mantra Group Limited delisted from the Australian Securities Exchange on 1 June 2018.

Mantra Shareholders would have received a Total Cash Consideration of $3.96 for each Mantra Share they held, provided they were registered in the Register on both the Scheme Record Date and the Special Dividend Record Date (as defined in the Scheme Booklet distributed to Shareholders on 11 April 2018). The Total Cash Consideration of $3.96 is comprised of:

  • a fully franked Special Dividend of $0.16 per Mantra Share paid on 30 May 2018; and
  • the Scheme Consideration of $3.80 per Mantra Share paid on 31 May 2018.

If you were a shareholder of Mantra Group Limited and have questions about your holding or Scheme Consideration, please contact Link Market Services Limited on 1300 554 474 or +61 1300 554 474 or www.linkmarketservices.com.au

Please note that neither Mantra Group Limited, nor Link Market Services Limited are able to provide information relating to the tax consequences of the scheme consideration in exchange for your shares as part of the Scheme of Arrangement. Shareholders are advised to consult their tax or financial advisor or accountant.

The ATO class ruling has been uploaded to the ATO's website. Shareholders can gain access via https://www.ato.gov.au/law/view/pdf/pbr/cr2018-027.pdf. This may be relevant for your tax return for the 2018 tax year.

More information on the Scheme of Arrangement as well as historical ASX announcements can be obtained below