Below are some frequently asked questions if you are unable to find the answer to your query or would like to make a suggestion for an FAQ please contact the Investor Relations team. Abacus Property Group provides these questions and answers to securityholders as general information about their investment only. Abacus Property Group does not give investment advice.
What is a stapled security?
A stapled security is a security that comprises two or more securities that are linked together so that one security cannot be transferred or otherwise dealt without the other(s). Listed stapled securities such as Abacus Property Group, are quoted on the Australian Securities Exchange (ASX) as a single stapled security. Investors in Abacus Property Group hold one unit in each of Abacus Trust, Abacus Income Trust and Abacus Storage Property Trust unit and one share in Abacus Group Holdings Limited, Abacus Group Projects Limited and Abacus Storage Operations Limited stapled together and quoted on the ASX.
How can I buy or sell Abacus Property Group securities?
Abacus Property Group securities are listed on the Australian Securities Exchange (ASX: ABP). Securities can be purchased or sold through any adviser, licensed stockbroker or online broker. If you do not already have a broker, you can call the ASX Broker Referral Service on 1300 300 279 or go to its website: www.asx.com.au
What is my investment worth?
The value of your investment in Abacus Property Group can be determined by multiplying the number of securities held by the current security price. The number of securities can be found on your latest Distribution Advice or CHESS statement. Security price information is available at the Security Price Information section on our website or at www.asx.com.au.
When are distributions paid?
Distributions for Abacus Property Group are currently made six monthly. The six month periods are the periods ending 30 June and 31 December. Payments are usually processed in August and February each year and statements are then sent to securityholders.
Can I reinvest my distribution?
The Distribution Reinvestment Plan (DRP) allows you to reinvest your distributions in additional stapled securities in the Group without incurring brokerage.
If you have not elected to participate in the DRP, or you would like to vary your participation, you can change your election online using the Investor login facility, or you need to complete a DRP Application or Variation Form available from our registry.
What is my cost base for Capital Gains Tax purposes?
Our stapled securities comprise separate assets for capital gains tax purposes. For capital gains tax purposes, you need to apportion the cost of each stapled security and the proceeds upon sale over the separate securities that comprise an Abacus Property Group stapled security. This apportionment should be done on a reasonable basis. One possible method of apportionment is on the basis of the relative net tangible assets of the individual entities which is provided under the Distribution and Tax section of this website.
When will I receive my Annual Tax Statement?
An annual tax statement for the year ended 30 June is mailed in August each year to all securityholders who held Abacus Property Group securities during that tax year. The annual tax statement summarises the distributions and dividends paid during the year and includes information required to complete your annual tax return.
Should you mislay your annual tax statement you can download a copy online by using the Investor login facility.
How can I change my address / banking instructions?
How you update your address details depends on your individual circumstances. If you have a CHESS-sponsored holding (prefixed with an 'X') you must change your address through your broker. If you have an issuer sponsored holding (prefixed with an 'I') then you can update your address details for individual, joint and company holdings by using the Investor login facility or by contacting the registry directly on 1300 139 440.
Do I need to give you my Tax File Number?
You are not required by law to provide us with your tax file number or exemption. However, if you do not provide your TFN or exemption, withholding tax at the highest marginal rate may be deducted from your distributions. If you have not supplied this information and wish to do so, please contact our registry, your sponsoring broker, or use the Investor login facility to download the TFN form.
How do I contact the Registry?
The contact details for Abacus’s registry, Boardroom Pty Limited are:
Boardroom Pty Limited
Level 12, Grosvenor Place
225 George Street, Sydney NSW 2000; or
GPO Box 3993 Sydney NSW 2001
Phone: 1300 139 440 (Freecall in Australia)
How can I choose to receive Abacus communications electronically?
You can elect to receive your distribution advices, notices of meetings, proxy forms, annual reports and annual taxation statements electronically. This ensures we are providing you with information you need in the fastest, most cost-effective manner possible, while also reducing our environmental impact. Because security and privacy of your details are important, you will always be emailed a link to a secured, encrypted website rather than receiving any attached documents via email. If you want to set up this facility, you can do so online by signing in to the Investor login facility or contacting our registry directly for a form to complete.