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Arrium ASX Announcement- Administrator update

The Administrators of the Arrium Group Companies have today issued a Report to Creditors covering the sale of Arrium Australia, the estimated distributions to be made to creditors and an investigations update.

Insights Arrium ASX Announcement
Friday, 15 December 2017

Report to creditors

This report is now available in the creditor information section of the KordaMentha website for the benefit of all stakeholders.


Declaration of worthless shares

The Administrators of ACN 004 410 833 Limited (Subject to Deed of Company Arrangement) (formerly Arrium Limited) declare there are reasonable grounds to believe shareholders will not receive a distribution. Accordingly, a Declaration of Worthless Shares has been made pursuant to Section 
104–145 of the Income Tax Assessment Act, 1997 (‘the Declaration’).

A copy of the Declaration may be obtained from the creditor information section of the KordaMentha website.

All enquiries related to the Declaration should be first directed to Boardroom Pty Ltd via telephone at 1300 737 760.

Shareholders should seek independent tax and legal advice regarding their individual circumstances in relation to the Declaration.


Media inquiries:

Michael Smith – (03) 9440 9387 or 0411 055 306.