Ramelius Resources Limited (RMS) has successfully acquired Spartan Resources Limited (SPR) via a scheme of arrangement. The transaction became effective on 22 July 2025, and Spartan shares were suspended from trading on 23 July 2025. The Scheme Record Date was 5:00pm AWST on 24 July 2025.
Under the scheme: Each SPR shareholder receives 0.6957 RMS shares per 1 SPR share Plus $0.25 in cash per SPR share.
These instructions guide you through recording this event in your Stock Doctor portfolio:
Navigate to the Portfolio Manager
- Select your portfolio that holds SPR.
- Under Securities Held. Click on SPR.
- Scroll down the page to the “Trades and Adjustments” section.
- Click on the button called “Other Transactions”
- From the drop-down menu, click on “New Reconstruction”.
- Date: 24/07/2025
- Number of shares participating (IE: Your total SPR shareholding)
- In the box titled 'New Holdings for which rollover relief applies, enter in:
- Code: RMS
- Quantity: Your SPR shareholding x 0.6957 ie. 5,000 SPR Shares multiplied by 0.6957 = 3,479 RMS Shares
Apply rounding:
Round up if ≥ 0.5 and Round down if < 0.5
- Cost base rolled over (%): 100.
Below is the dialogue box:
Next, click on the “Income & Capital Return” tab and enter in your Income of $0.25 per share, (ie. 5,000 shares X $0.25 = $1,250.00 ), into the “Other Taxable Income ($) column, as seen below:
Then click on the ‘Trade Allocation’ tab and review and confirm the "Allocation of Trades" method below:
Click “save” and you have now accounted for the Scheme of arrangement for SPR.
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.
NB: These instructions assume you are an eligible shareholder who received RMS shares directly under the scheme. If you were ineligible and received cash proceeds instead, please contact our support team for assistance.