Shares

Ordinary shares

Ordinary class shares give voting rights at the Annual General Meeting of GIC in relation to the election of the directors of GIC. In addition to voting rights, ordinary class shares also carry a right to participate in any dividend or distribution.

Tax and Stamp Duty

No income tax or stamp duty is payable by woolgrowers upon the issue of shares in GIC. Capital Gains Tax (CGT) may be payable on the disposal of shares in GIC. CGT would be calculated on the basis that the amount paid for the shares (ie cost base) was zero. Shareholders may pay income tax on any dividend paid by GIC.

For enquiries about your GIC shares, please contact Link Market Services.

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