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MIRVAC GROUP — Capital/Financing Update 2013
Jun 2, 2013
65328_rns_2013-06-02_f506394d-e76f-4b08-9cbc-a617b55341a1.pdf
Capital/Financing Update
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3 June 2013
IMPLEMENTATION OF CAPITAL REALLOCATION
At the Mirvac Group (“Mirvac”) [ASX” MGR] Annual General Meeting held on 15 November 2012, MGR securityholders approved a Capital Reallocation proposal involving the reallocation of up to approximately A$500 million of the capital from Mirvac Property Trust (“MPT”) to Mirvac Limited (“ML”). The Capital Reallocation is described in more detail in Mirvac’s 2012 Notice of Meetings which was released to the ASX on 12 October 2012.
Capital Reallocation Timetable
Mirvac will implement the Capital Reallocation in accordance with the following timetable:
| Record date | 13 June2013 |
|---|---|
| Implementation Date | 14June2013 |
| Payment datefortheMPTcapitaldistribution | 14June2013 |
| Letterdispatched to securityholders | 26 June2013 |
The capital distribution from MPT and the compulsory application of the proceeds of that capital distribution to ML, as described in the Notice of Meeting dated 12 October 2012, will occur on the Implementation Date.
The amount of the capital distribution from MPT to ML will be approximately $500 million (equivalent to $0.13655 per MPT unit).
The final ATO class ruling will be issued after the Implementation Date and will be made available on the Investor Relations section of the Mirvac’s website at www.mirvac.com.
For more information, please contact: Media enquiries: Marie Festa Group Executive, External Affairs +61 2 9080 8956
Investor enquiries: Jessica O’Brien Group General Manager, Investor Relations +61 2 9080 8458
Direct link to Mirvac 2012 Notice of Meetings: http://groupir.mirvac.com/icms_docs/139509_MGR_Communication_to_Securityholders.pdf
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