Bowen Coking Coal Ltd Shares Transferred to Argo Bowen 2 Pty Ltd
Key points
- Supreme Court of NSW approved share transfer to Argo Bowen 2 Pty Ltd
- Transfer completed on 30 June 2026
- No consideration involved in the transfer
- Mark Holland and Shaun Fraser are now trustees of BCC Creditors' Trust
Full summary
On 23 April 2026, the Supreme Court of New South Wales approved the transfer of all shares and options of Bowen Coking Coal Limited (BCC) to Argo Bowen 2 Pty Ltd, in accordance with the Deed of Company Arrangement (DOCA) dated 11 March 2026. The transfer was completed on 30 June 2026, with no consideration involved. Mark Holland and Shaun Fraser have transitioned to their roles as trustees of the BCC Creditors' Trust. Shareholders are advised to review the Explanatory Statement dated 7 April 2026 for tax implications and consider seeking independent tax advice.
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