New Class Ruling

As outlined in the Scheme Booklet for a scheme of arrangement in relation to the proposed acquisition by HUB24 Limited of all ordinary shares in Xplore Wealth Limited and related option scheme, Xplore applied to the Australian Tax Office (ATO) for a class ruling to confirm the key implications of the Share Scheme as these may apply to Xplore Shareholders (Class Ruling).

The ATO have now released the final Class Ruling which is now available on the ATO website at www.ato.gov.au.

Scheme Shareholders should review the Class Ruling and consider the ruling in finalising their tax positions with respect to the Scheme.