LEAVING MINRES
What happens with MyShare
when you leave Mineral Resources.
When you leave
When you leave MinRes you won't be able to continue to participate in MyShare and will cease to be a participant of any existing Plans.
MinRes will notify the Plan Administrator of your departure or withdrawal from the Plan, and no further shares will be purchased on your behalf. Your contributions made to date that have not been used to purchase shares will be refunded to you via Payroll.
When you leave MinRes, you won't lose your Acquired Shares, however, your ability to receive Matched Shares will depend on your reason for leaving. The table below sets out the different leaving circumstances and the treatment of Matched Shares. Any applicable Matched Shares will be awarded as soon as practicable after you leave MinRes.
Leaving situations
MinRes will formally notify the Plan Administrator each month of participants who have ceased employment including the reason for departure. To ensure you continue to receive all future communications about your MyShare entitlements and any residual contribution balances, it's your responsibility to provide MinRes with your personal email address and contact number. To update your details, email hrss@mrl.com.au.
You also need to update your personal email address, address, contact number and banking details in your online EquatePlus account. Your login details for EquatePlus will be emailed to you shortly after the first purchase of shares has been made on your behalf.
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