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SGH Limited (SGH) acquisition of Boral Limited (BLD) – February 2024

The acquisition of Boral Limited (BLD) by SGH Limited (SGH), is now legally effective. BLD  has been suspended from trading as at 6 June 2024.  The scheme record date of 18 April 2024.  Shareholders will receive a mixture of cash and scrip. Shareholders will receive $1.44 per BLD share, and BLD shareholders will receive 0.1116 SGH shares. The fully franked special dividend of $0.26 will automatically appear in your portfolio manager.

To account for the acquisition of your BLD shares by SGH, in your Stock Doctor Portfolio Manager, please see the instructions below:

Portfolio Manager:

  1. Click on the name of the portfolio that you hold Boral Limited (BLD).
  2. Click on the share code BLD
  3. In the new window, please scroll down to “Trades and Adjustments”
  4. Click on “Other Transactions”
  5. In the drop-down menu click on “New Capital Return”

1. In the new window, please enter in the following:

    • Date: 6 June 2024
    • Per Share ($) 1.44
    • Optional – You can place a note in the “Notes” area.

2. Click the “Save” button

Next Click on “Other Transactions” and on "New Reconstruction" in the drop-down menu.

  1. In the new window please enter in the following:
    • Date: 6/06/2024
    • In the box called ‘New Holdings for which rollover relief applies’, please enter:
      • Code: SGH
      • Quantity: Your BLD multiplied by 0.1116 to give you your new SGH holding.
      • Cost base rolled over (%): 100
  2. Click on the “Trade Allocation” tab and check your "Allocation of trades" method.
  3. Click on the ‘SAVE’ button

To return to your securities held screen, please scroll to the top of the page and on the left-hand side, just above to Stock’s name, click on the button called “Back to Securities’.

You have now accounted for the scheme of arrangement for Boral Limited.

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.