Qube Share Buy-Back
For all details regarding the Qube Share Buy-Back, please visit: Qube Buyback website.
NZ Tax Implications for Certain Shareholders
As set out in section 2.5 of the Off-Market Buy-Back Booklet, Qube made an application to the New Zealand Commissioner of Inland Revenue to confirm the tax treatment of the Buy-Back Price for certain New Zealand tax resident Eligible Shareholders. New Zealand’s Inland Revenue has now provided its confirmation, a consequence of which is that where the voting interest of an Eligible Shareholder is reduced by 15% or more (in accordance with the methodology set out in section 2.5 of the Buy-Back Booklet), the Buy-Back Price should not be treated as a dividend for New Zealand income tax purposes.
Qube FY22 Interim Financial Report
The Qube FY22 Interim Financial Report is available here: Qube’s FY22 Interim Financial Report