Amendments to the ASX Settlement Operating Rules
ASX is amending the ASX Settlement Operating Rules governing Specialist Settlement Participants to better reflect their role in a takeover bid under the Rules. For this purpose, a new Guidance Note 14 – Specialist Settlement Participants is being introduced together with an updated Specialist Settlement Participant application form and a new Participant Bidder Notice form.
ASX is also amending the ASX Settlement Operating Rules to align with the ASX Listing Rules concerning Principal Registers and CDI Registers.
Participants and parties wishing to act as, or appoint, a Participant Bidder for a takeover bid should familiarise themselves with the rule amendments and the new admission documentation.
Refer to the links below for further information:
These changes become effective from 5 December 2019.
General Manager, Participants Compliance
Principal Adviser, Participants Compliance