What is the change in the distribution frequency?
GPT will be changing the frequency of its distribution payments, from quarterly to half yearly to take effect from 1 July 2013. The change is being implemented as a result of GPT's ongoing focus on cost optimisation. It is estimated this change will save GPT approximately $1.6 million in finance and administration costs on an annual basis.
Why have the number of securities I hold gone down?
In 2010, the GPT Group undertook a consolidation of its stapled securities which broadly resulted in every five stapled securities held by a Security holder being merged (i.e. consolidated) into one stapled security. The economic interest in the GPT Group held by individual Security holders should not change but the value of the Group is now split amongst fewer stapled securities.
What is a stapled security?
A stapled security is a security that comprises a unit in a Trust and a share in a Company, linked together so that one cannot be transferred or otherwise dealt without the other. In the case of listed securities, they are jointly quoted on the Australian Stock Exchange ("ASX") as "stapled securities". GPT investors hold one General Property Trust unit and one GPT Management Holdings Limited share, "stapled" together and jointly quoted on the ASX under the code "GPT".
How do I invest / how do I buy securities / how do I sell securities?
GPT is listed on the ASX. Therefore, to purchase or sell securities it is necessary to contact your broker. If you do not already have a broker, you can call the ASX Broker Referral Service on 1300 300 279 or go to their website: www.asx.com.au
How do I redeem my investment?
GPT is a listed vehicle therefore it is not possible to redeem your securities. To dispose of your investment, you need to sell your securities on the ASX via your broker. If you do not already have a broker, you can call the ASX Broker Referral Service on 1300 300 279 or go to their website: www.asx.com.au
What is my investment worth?
The value of your investment in GPT 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/Dividend Advice or CHESS statement. Security price information is available at Security Prices or www.asx.com.au.
What is the DRP?
DRP stands for Distribution Reinvestment Plan, and allows investors to reinvest their distribution payments for additional securities.
When will I receive the Annual Tax Statement?
The GPT Group produces an Annual Tax Statement for all Security holders who received a payment from GPT during each financial year. Annual Tax Statements are mailed to investors in July of each year.
Security holders can download Annual Tax Statements online by signing in with your SRN/HIN, Surname and Postcode.
How can I give notification of my Tax File Number (TFN) or Australian Business Number (ABN)?
Advice of TFNs or ABNs can be made over the phone or in writing to the Registry. You may choose not to provide your TFN but if you do not provide your TFN your distribution will be taxed at the highest marginal rate.
How can I choose to receive or no longer receive the Annual Report and/or Half Year Report?
This can be requested by contacting the Registry. Telephone (toll free within Australia) +61 1800 025 095 or email firstname.lastname@example.org.
How can I choose to receive GPT communications electronically?
If you have internet access, you can elect to receive your GPT notices of meeting, proxy forms, Annual and Mid-Year Reports, and investor newsletters electronically. If you wish to set up this facility, contact the Registry for a form to complete.
What happened to GPT Split Trust?
GPT formerly had an association with GPT Split Trust, which ceased trading on 14 September 2005.