Return of Capital Update

Return of Capital Update

The Board of Metgasco Limited wishes to advise that the Company has received a draft Class Ruling from the Australian Taxation Office (ATO) and accordingly, it will be proceeding with the Return of Capital of $0.025 per share as approved by Shareholders at the Company's General Meeting held on 12 September 2016.

The Return of Capital will have a Record Date of 7.00pm on Friday, 11 November 2016, and a Payment Date of Wednesday, 16 November 2016.

The ATO will publish the Class Ruling following completion of the Return of Capital. The Company will notify shareholders when this has occurred.

ENDS

Please click on the attachments to view announcement in .pdf format and the Notification of Reorganisation of Capital - return of capital (cash).  

For more information contact: 

Alexander Lang, Executive Chairman

Phone: +61 02 9923 9100

CONTACT US

North Sydney Office
Level 3, 2 Elizabeth Plaza
North Sydney NSW 2060

Tel: +61 2 9923 9100
Fax: +61 2 9959 5387

Metgasco Limited  ACN 088 196 383