RGN – Region Group | Aussie Stock Forums

I wondered the same thing myself. Looks like they’ll organise a non marketable parcel buy back subsequent to issue but no guarantees. My son is the proud owner of $11.86 worth of these shares, quite useless.

:”It is expected that the Distribution will result in a large number

of holdings of Stapled Units with a value of $500 or less (that

is, less than a marketable parcel under the Listing Rules). The

Woolworths Directors understand that, in order to reduce the

costs and administration associated with servicing large numbers

of Stapled Unitholders with small holdings, SCA Property Group

may, after the Implementation Date, establish a sale facility

under which the Stapled Units held by relevant Small Stapled

Unitholders would be aggregated and sold on their behalf on ASX.

Under any such sale facility, unless Small Stapled Unitholders

elected in writing to retain the Stapled Units received under the

Distribution, their Stapled Units would be sold and the proceeds

of sale remitted to them. Brokerage and other transaction costs

of the sale of the Stapled Units under any sale facility would be

borne by SCA Property Group. If SCA Property Group decides to

put in place such a Sale Facility, full details of that sale facility will

be sent to Small Stapled Unitholders after implementation of the

Proposed Transaction”