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20 April 2025
| Name: | WESTERN AREAS LIMITED (WSA) | ||||||
| ISIN: | AU000000WSA9 | ||||||
| Date of Listing: | 28 July 2000 | ||||||
| Date of Delisting: | 22 June 2022 | ||||||
| Former Names: |
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Stock Exchange Status:
This entity was delisted from the Australian Securities Exchange on 22 June 2022.Legal Status:
ACN: 091 049 357ABN: 68 091 049 357
Registration Date: 24 December 1999
Capital Gains Tax (CGT) Status:
To our knowledge this entity was the subject of a takeover or merger such that your securities were acquired for consideration in the form of cash or scrip. You will need to seek independent tax advice in relation to Capital Gains Tax or other tax matters but any other enquiries relating to your shareholding in the company should be followed up via our online form here: https://www.delisted.com.au/TraceLostSharesLostMoney/index/.
Updates, corrections, disagreements please email to admin@delisted.com.au
Further information: deListed and InvestoGain are operated by Investogain Pty Limited which is licensed by ASIC as an Australian Financial Services Licensee (AFSL 334036). deListed acquires only securities that it deems to be of little or no value, in circumstances where the holder is unable to sell their securities on-market in the normal manner. This service has been provided online via the company’s website www.delisted.com.au since 2004.
Getting advice: Information provided in this section is of a general nature and applicable only to Australian tax residents who hold their investments on capital account (ie for long-term investment purposes). It has been prepared without taking into account your financial needs or tax situation. Before acting on the information, deListed suggests that you consider whether it is appropriate for your circumstances and recommends that you seek independent legal, financial, or taxation advice.
Disclaimer: The information provided above is to the best of our knowledge accurate as of today. But you should bear in mind that it is of a general nature and does not constitute financial or tax advice. Investogain Pty Limited accepts no liability for any loss arising from reliance on this information, including reliance on information that is no longer current.
| Company | FROM | TO |
|---|---|---|
| WESTERN AREAS LIMITED | 24/01/2013 | |
| WESTERN AREAS NL | 24/01/2013 |
REGISTRY:
Computershare Perth
Level 17, 221 St Georges Terrace, Perth WA 6000
Tel : +61 (0)3 9415 4000 or 1300 850 505 (within Australia)
Fax : +61 3 9473 2500
RegistryWebsite RegistryEmail
delisted at entity's request under Listing Rule 17.11 | 22/06/2022 |
we understand IGO Limited was successful with an offer of $3.36 cash per WSA share | 22/06/2022 |
The scheme of arrangement pursuant to which IGO Nickel Holdings will acquire 100% of the share capital of Western Areas has today been implemented. All Western Area shares have now been transferred to IGO Nickel. Eligible Western Area shareholders have been paid the scheme consideration of A$3.87 cash for each Western Area share held at the scheme record date on 10 June 2022. | 20/06/2022 |
The securities of Western Areas Limited will be suspended from quotation at the close of trading today Wednesday, 8 June 2022 under Listing Rule 17.2, following lodgement of the Supreme Court of Western Australia orders with ASIC approving the scheme of arrangement by which a wholly owned subsidiary of IGO Limited (ASX: IGO) will acquire all of the issued shares in WSA. | 08/06/2022 |
The suspension of trading in the securities of Western Areas Limited will be lifted immediately following the release by WSA of an announcement regarding an update as to the status of the proposed acquisition by IGO Limited of all of the fully paid ordinary shares in WSA by way of a scheme of arrangement under Part 5.1 of the Corporations Act 2001 (Cth) for a cash amount of $3.36 cash per WSA share. | 11/04/2022 |
Western Areas and IGO have agreed to increase the Scheme Consideration to $3.87 cash per Western Areas share. The Western Areas Board unanimously recommends that Western Areas shareholders vote in favour of the Revised Scheme, in the absence of a superior proposal and subject to an independent expert concluding (and continuing to conclude) that the Revised Scheme is in the best interests of Western Areas shareholders. The key terms of the Revised Scheme otherwise remain the same as the Initial Scheme. | 11/04/2022 |
The securities of Western Areas Limited will be suspended from quotation immediately under Listing Rule 17.2, at the request of WSA, pending the release of an announcement providing an update as to the status of the proposed acquisition by IGO Limited of all of the fully paid ordinary shares in WSA by way of a scheme of arrangement under Part 5.1 of the Corporations Act 2001 (Cth) for a cash amount of $3.36 cash per WSA share. | 07/04/2022 |
name changed from Western Areas NL | 24/01/2013 |
delisted at entity's request under Listing Rule 17.11 | 22/06/2022 |
we understand IGO Limited was successful with an offer of $3.36 cash per WSA share | 22/06/2022 |
The scheme of arrangement pursuant to which IGO Nickel Holdings will acquire 100% of the share capital of Western Areas has today been implemented. All Western Area shares have now been transferred to IGO Nickel. Eligible Western Area shareholders have been paid the scheme consideration of A$3.87 cash for each Western Area share held at the scheme record date on 10 June 2022. | 20/06/2022 |
The securities of Western Areas Limited will be suspended from quotation at the close of trading today Wednesday, 8 June 2022 under Listing Rule 17.2, following lodgement of the Supreme Court of Western Australia orders with ASIC approving the scheme of arrangement by which a wholly owned subsidiary of IGO Limited (ASX: IGO) will acquire all of the issued shares in WSA. | 08/06/2022 |
The suspension of trading in the securities of Western Areas Limited will be lifted immediately following the release by WSA of an announcement regarding an update as to the status of the proposed acquisition by IGO Limited of all of the fully paid ordinary shares in WSA by way of a scheme of arrangement under Part 5.1 of the Corporations Act 2001 (Cth) for a cash amount of $3.36 cash per WSA share. | 11/04/2022 |
Western Areas and IGO have agreed to increase the Scheme Consideration to $3.87 cash per Western Areas share. The Western Areas Board unanimously recommends that Western Areas shareholders vote in favour of the Revised Scheme, in the absence of a superior proposal and subject to an independent expert concluding (and continuing to conclude) that the Revised Scheme is in the best interests of Western Areas shareholders. The key terms of the Revised Scheme otherwise remain the same as the Initial Scheme. | 11/04/2022 |
The securities of Western Areas Limited will be suspended from quotation immediately under Listing Rule 17.2, at the request of WSA, pending the release of an announcement providing an update as to the status of the proposed acquisition by IGO Limited of all of the fully paid ordinary shares in WSA by way of a scheme of arrangement under Part 5.1 of the Corporations Act 2001 (Cth) for a cash amount of $3.36 cash per WSA share. | 07/04/2022 |
name changed from Western Areas NL | 24/01/2013 |
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Purchases Sales
| DATE | DIRECTOR | NATURE | NUMBER | PRICE | AMOUNT |
|---|---|---|---|---|---|
| 29/03/2021 | Tim Netscher | 12,000 | $2.080 | $24,960 | |
| 29/03/2021 | Dan Lougher | 9,900 | $2.089 | $20,682 | |
| 11/03/2021 | Yasmin Broughton | 9,661 | $2.039 | $19,699 | |
| 11/03/2021 | Dan Lougher | 10,000 | $2.040 | $20,400 | |
| 05/11/2020 | Ian Macliver | 5,000 | $1.928 | $9,638 |
| NAME | TITLE | DATE OF APPT |
|---|---|---|
| Ian Macliver | Non Exec Chairman, Independent Director | 01/10/2011 |
| Dan Lougher | Managing Director | 01/02/2012 |
| Joseph Belladonna | CFO, Company Secretary | 30/06/2010 |
| Tim Netscher | Independent Director | 01/08/2014 |
| Natalia Streltsova | Independent Director | 01/01/2017 |
| Yasmin Broughton | Independent Director | 15/10/2020 |
| Richard Yeates | Non Exec Director | 01/10/2009 |
Date of first appointment, title may have changed.
| NAME | TITLE | DATE OF APPOINTMENT | DATE OF RESIGNATION |
|---|---|---|---|
| Craig Readhead | Independent Director | 26/06/2014 | 19/11/2020 |
| David Southam | Executive Director | 15/11/2010 | 31/01/2018 |
| Julian Hanna | Non Exec Director | 24/12/1999 | 15/06/2016 |
| Robin Dunbar | Non Exec Director | 12/12/2005 | 15/01/2015 |
| Terry Streeter | Non Exec Chairman | 24/12/1999 | 21/11/2013 |
| David Cooper | Non Exec Director, Non Exec Chairman | 24/12/1999 | 30/09/2011 |
| Craig Oliver | CFO, Company Secretary | 29/03/2006 | 22/06/2010 |
| David Boyer | Non Exec Chairman | 14/03/2000 | 28/08/2007 |
| Timothy King | Company Secretary, Non Exec Director | 24/12/1999 | 28/04/2005 |
Date of first appointment, title may have changed.
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