FAQ

WDS is a leading Australian integrated provider of specialist development, design, engineering, construction, fabrication and maintenance related services to the cross-section of the energy, mining and infrastructure sectors. Operating through its three divisions - Infrastructure & Services, Mining and Oil & Gas, WDS has a workforce of over 1400 employees across Australia.

7 December 2006.

WDS

You can find recent and past results under ASX Announcements from the Investors section of this website.

Recent and past versions of the WDS Annual Report are made available under Reports & Presentations from the Investors section of this website.

Underlying WDS' business are a set of principles, guidelines and practices that promote honest, transparent and responsible behaviour and accountability in all that we do.

The WDS Board endorses the ASX Corporate Governance Council's Corporate Governance Principles and Recommendations, and has adopted corporate governance charters and policies reflecting those Recommendations to the extent that it is practicable having regard to the size and circumstances of the Company. Detailed information is available under Corporate Governance from the Investors section of this website.

During FY2009, WDS scored a "five-star rating" and achieved equal second place in the 2009 WHK Horwath Mid-Cap Corporate Governance Report. More information on this Report is available under WDS Scores a Five Star Rating... under the News section of this website.

WDS' core values are SAFETY, TEAMWORK, COMMUNICATION, EXCELLENCE & QUALITY, ENVIRONMENT, INNOVATION and RESPECT.

More information on WDS' core values is available under Mission, Vision, Values from the About Us section of this website.

WDS' ordinary shares may be bought or sold through a stockbroker. If you do not have a stockbroker, you can visit the Australian Securities Exchange website which contains information on how to choose a stockbroker.

No. Usually, shareholders appoint a broker to sell their securities for them, or you can use an internet based security dealer.

The current price of WDS shares can be found under Historical Performance from the Investor section of this website.

Alternatively, the price of WDS shares can be found on the Australian Securities Exchange website or in the business section of the daily newspapers.

CHESS stands for Clearing House Electronic Subregister System. CHESS participants have direct access to the settlement process and can sponsor other securityholders to use CHESS facilities. All stockbrokers are participants as are the majority of large institutional investors, custodian nominees and trustee companies.

Issuer sponsored is where shares are held in an uncertified form, without the requirement for sponsorship i.e. a CHESS participant. Shareholders are not issued share certificates, but instead receive statements detailing their movements and shareholding balance. Statements are issued when you first become a shareholder and are also mailed within 5 business days of the end of the month if any transaction occurs. The holding statement also shows your personal Securityholder Reference Number (SRN) identifying the issuer sponsored holding.

Your holder reference or identification number, sometimes referred to as investor number, is important. This number identifies your holding and must be quoted when requesting information from the Registrar. It usually begins with an "I" for an Issuer sponsored holding (SRN) or an "X" for a CHESS holding (HIN). Important note - your investor number is equivalent to a PIN number on a bank account, any documents containing your SRN or HIN should be kept in a secure place.

You can view details of your WDS shareholding online by visiting the Link Market Services website.

For your security, you will be asked to provide your Securityholder Reference Number (SRN) or Holder Identification Number (HIN), your surname and your postcode, all of which can be found on your holding statement.

If you are unable to access the internet to check your shareholding you can contact Link Market Services.

For Issuer Sponsored Holdings (SRN): If the names, addresses and banking instructions recorded for both holdings are identical, and the holdings are issuer sponsored, the duplicate holdings can be consolidated. To consolidate duplicate holdings, complete the "Merge Multiple Holdings" form and send the form to Link Market Services. You will be required to nominate the SRN you wish to retain.

If the names are not identical, you will need to contact Link Market Services to confirm the process necessary for amalgamating them under one holder number.

If the consolidation of your holdings involves a CHESS holding (HIN), you will need to contact your sponsoring broker to arrange consolidation.

It is WDS' intention to pay dividends twice a year. The dates of expected payments for the year are available under Key Dates from the Investors section of this website.

Your distribution payments will be paid by direct credit to an Australian Bank, Building Society or Credit Union account. If direct credit instructions are not received prior to the relevant record date, a cheque will be sent to you at the address recorded by Link Market Services.

If you have not provided your bank account details to Link Market Services or would like to update your direct credit instructions, you can do so via the Link Market Services website or complete the "Request for Direct Credit of Payments" form and send the form to Link Market Services.

Contact Link Market Services who can confirm payment details and, where appropriate issue another cheque (charges may apply).

The Directors have approved and implemented a DRP. Click here to access the DRP Rules.

Shareholders wishing to participate in the DRP should contact Link Market Services to request for a "DRP Participation Form".

To cancel your participation in the DRP, complete the "Cancel Reinvestment Plan" form and send the form to Link Market Services.

All shareholders, wherever they are based, should maintain records of purchases and sales (broker Contract Notes, etc). At the time of payment of each dividend, WDS will provide a payment advice with all the details you require.

WDS does not provide tax commentary on the trading of shares. Please seek assistance from your tax or financial adviser.

You do not have to disclose your tax file number (TFN). If you DO NOT, Link Market Services is obliged by law to deduct withholding tax from the taxable component relating to the property trust portion of your distribution payment.

If you have not provided your TFN to Link Market Services and you would like to do so, you can do so via the Link Market Services website for complete the "Tax File or Australian Business Number Notification" form and send the form to Link Market Services.

Any withholding tax deducted from your payment may be claimed back in your annual income tax return.

Unless Link Market Services has been notified otherwise, shareholders will not be sent a hard copy of the Annual Report. All shareholders can view recent and past versions of the WDS Annual Report available under Reports & Presentations from the Investors section of this website.

If you would like to change your preference on how you receive the Annual Report (i.e. by email notification or hard copy), you can do so via the Link Market Services website or you can contact Link Market Services.

If you require a hard copy of the Annual Report to be sent to you, please contact Link Market Services.

An Annual General Meeting (AGM) as required by law, is a meeting held each year where shareholders and management discuss the Company's activities, and where shareholders consider and vote on a variety of business matters.

All shareholders are invited to attend the AGM and are provided with a Notice of Meeting describing the business to be conducted, and a proxy form to allow them to vote in a variety of ways if they cannot or do not wish to attend the meeting in person.

The AGM of WDS will be held on a different date each year following the release of the Annual Report. Generally, the AGM will be held in late October each year.

A copy of the Notice of Meeting will be sent to all holders, as required by law. The Notice of Meeting will inform you of the date, time and venue of the AGM.

Recent and past versions of the WDS Notice of Meeting are available under Reports & Presentations from the Investors section of this website.

If you cannot attend, you can appoint a proxy to act on your behalf. This person will be able to attend the meeting, to speak and to vote on your behalf. Your proxy can be the Chairman of the Meeting, or any other person you choose. That person need not be a shareholder of WDS. Prior to the meeting, Link Market Services will send proxy forms to shareholders.

Alternatively, you can appoint your proxy and vote online. Around late September to early October, a link will be provided on this website for you to lodge your proxy's details and vote online for the meeting.

If you have provided the appropriate documentation to Link Market Services, appointing you to act on behalf of the company, then you can attend the AGM as the company representative. If you have not provided the appropriate appointment documents, contact Link Market Services to request them to send you an "Appointment of a Corporate Representative" form.

Address

For Issuer Sponsored holdings you can change your address details via the following methods (subject to security restrictions): 

a. the Link Market Services website;

b. complete the "Change of Address" form and send the form to Link Market Services; or

c. contact Link Market Services on 02 8280 7111 (within Australia) or +61 2 8280 7111 (outside Australia).

Please note - due to security restrictions, if: 

1. your holding is over $50,000;

2. your holding is in joint names (which requires dual signatures); and/or

3. the holding is in the name of a company/corporation,

you will be required to complete the "Change of Address" form and send the form to Link Market Services.

For Participant Sponsored (CHESS) holdings you can change your address by advising your sponsoring participant in writing.

Banking Details

For Issuer Sponsored holdings and Participant Sponsored (CHESS) holdings you can change your banking details via the following methods (subject to security restrictions): 

a. on the Link Market Services website;

b. complete the "Request for Direct Credit of Payments" form and send the form to Link Market Services; or

c. contact Link Market Services on 02 8280 7111 (within Australia) or +61 2 8280 7111 (outside Australia).

Please note - due to security restrictions, if:

1. your holding is over $50,000;

2. your holding is in joint names (which requires dual signatures); and/or

3. the holding is in the name of a company/corporation,

you will be required to complete the "Request for Direct Credit of Payments" form and send the form to Link Market Services.

Other

For any other changes to details to Issuer Sponsored holdings and Participant Sponsored (CHESS) holdings, please contact Link Market Services.

This website is regularly updated with important information about our Company, including ASX releases, Reports, Presentations, News Releases and information about our subsidiary companies. If you would like to receive email updates about our Company, you sign up for this service on the Investors section of this website.

If you have more questions regarding your WDS shares, please contact Link Market Services.

If you have any queries, please contact us on wdsinfo@wdslimited.com.au