The acquisition of National Storage REIT (NSR) by Iridium SP BidCo Pty Ltd, schemes of arrangement, is now legally effective. Storage REIT (NSR) was suspended from trading on the 21 April 2026. The scheme record date is 29 April 2026. Shareholders will receive $2.80 per Storage REIT (NSR) security held on record date. With a payment and effective date is the 8 May 2026.
To account for the acquisition by Iridium SP BidCo Pty Ltd, in the Stock Doctor Portfolio Manager, please see the instructions below:
- Navigate to the portfolio containing National Storage REIT (NSR)
- In the 'Securities Held' tab, under the Securities Held section, please click on NSR and this will take you to the NSR transaction securities screen.
- Scroll down to the “Trades and Adjustments” area
- Click on the ‘New Sell” button in red.
Please enter in the following details in the trade window:
Date: 8/5/2026
Quantity: Enter the number of NSR shares held
Price: $2.80
Fees: 0
Note: Optional – Sale to SP BidCo Pty Ltd.
Then click the Save button, found in the bottom right-hand corner.
Below is the dialogue box:
You have now accounted for the Scheme of arrangement for NSR.
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.