A WOTSO Property stapled security is made up of three separate assets: a BlackWall Property Trust unit, a Ostow Limited share and a Planloc Limited share.

For capital gains tax purposes, you need to apportion the cost and the proceeds of sale of each stapled security over the separate assets that make up the stapled security. This apportionment should be done on a reasonable basis.

One possible method of apportionment is on the basis of the relative net assets of the individual entities.

The tables below provide the information required to adopt this method:

*Being the date of implementation and based on the pro forma financial statements of the stapled group, published in the Scheme Booklet dated 18 December 2020.