The acquisition of Altium Limited (ALU) by Renesas Electronics Corporation scheme is now legally effective, and Altium Limited has been suspended from trading from 19 July 2024. The scheme record date is 25 July 2024 at 7 pm. Shareholders will receive $68.50 per Altium Limited security and will be paid on the implementation date of 1 August 2024.
To account for the acquisition in the Stock Doctor Portfolio Manager, please see instructions below:
- Click on the 'Portfolio’ tab and click on the appropriate portfolio name, under ‘My Portfolio(s)’, which includes the ALU shares.
- Click on 'ALU'
- Click on the ‘New Sell’ button
- Enter the following details in the pop-out window:
Date:1/08/2024
Amount: $68.50
Brokerage: Zero
Optional: In the notes box you can enter in: “Sale to Renesas Electronics NSW Pty Ltd"
6. Click the ‘Save’ button.
You have now accounted for the Scheme of arrangement for ALU.
Our team in the office are ready and willing to assist you with any questions you have about any of the content above. Please give us a call on 1300 676 333 or email us at support@lincolnindicators.com.au with any questions you may have.
However, we are not licensed to provide tax advice and therefore anything which relates to tax or your personal circumstances we will not be able to answer. In order to have personal tax or finance questions answered, you will need to seek the services of a licensed practitioner who will be qualified to answer your queries.