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FRANKED INCOME FUND (THE)(FIF)

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delisted following completion of the Wesfarmers ownership simplification

29/06/2001

we understand FIF unitholders received one Wesfarmers share for every 2.4851 FIF units they owned (that provided them with a value of $7.85 for each FIF unit) and FIF optionholders received one Wesfarmers share for every 10.5614 FIF options they owned (equivalent to a value of $1.85 for each FIF option) - Wesfarmers believed that the price of Wesfarmers Limited shares at the close of business on the ASX on 23 April 2001, being $22.00 per share, was a reasonable approximation of the market value for the purposes of calculating CGT liability on FIF options

29/06/2001

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When was FIF founded?

14/09/2024 19:22:49

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