Last checked at 23 Jun 2009 07:00
23 June 2009
ROC OIL COMPANY LIMITED ("ROC")
STOCK EXCHANGE RELEASE
AUSTRALIAN TAX OFFICE ("ATO") ISSUES CLASS RULING ON ANZON AUSTRALIA LIMITED TRANSACTION
ROC advises that the ATO has issued Class Ruling CR 2009/31 ("Class Ruling").
The Class Ruling applies to certain Australian resident ordinary shareholders of Anzon Australia Pty Limited (formerly Anzon Australia Limited) ("AZA") who disposed of shares in AZA to ROC as described in the Class Ruling. The Class Ruling confirms the availability of partial scrip for scrip capital gains tax roll-over relief for eligible AZA shareholders who are tax resident in Australia.
A copy of the Class Ruling is available on ROC's website at www.rocoil.com.au and is also available from the ATO website at: http://law.ato.gov.au/atolaw.
Further details of the tax implications arising in relation to the ROC takeover of AZA are set out in section 7 of the Bidder's Statement dated 7 August 2008. A copy of the Bidder's Statement is available on ROC's website at www.rocoil.com.au.
Shareholders are advised to seek independent advice in relation to their individual circumstances in respect of the information contained in the Class Ruling and Bidder's Statement.
Matthew Gerber
Manager
Investor Relations & External Affairs
For further information please contact:
Mr Bruce Clement on
Tel: +61-2-8023-2000
Fax: +61-2-8023-2222
Email: bclement@rocoil.com.au
Or visit ROC's website: www.rocoil.com.au
Michael Shaw
Oriel Securities Limited (Nominated Adviser)
Tel: +44 (0)20 7710 7600
Bobby Morse
Buchanan Communications
Tel: + 44 (0)20 7466 5000
Fax: + 44 (0)20 7466 5001
E-Mail: bobbym@buchanan.uk.com
Mob: +44 (0)7802 875 227