This Notice is being issued to provide Participants with further information in relation to the bid and details the acceptance process through CHESS.

What do I need to do by when?

On 19 August 2024, Macquarie Group Limited announced an offer of new securities called Macquarie Group Capital Notes 7 (MCN7)(ASX: MQGPG). That offer contains a Reinvestment Offer which provides eligible holders of Macquarie Group Capital Notes 3 (MCN3) (ASX Code: MQGPC) with the opportunity to reinvest their MCN3 into MCN7 by directing Macquarie Group Limited to apply the MCN3 Redemption Proceeds as the Application Payment for those Macquarie Group Limited Capital Notes 7, and by doing so, maintain an ongoing investment in securities issued by Macquarie Group Limited.

The Reinvestment Offer opens on 27 August 2024.

For more information, including your options as a MCN3 holder, please see the Macquarie Group Limited Capital Notes 7 Prospectus dated 19 August 2024 which was lodged with ASIC and ASX on that date.

Bid Details

Offer Period

CHESS will process offer acceptance messages until 5:00pm (Sydney time) on 9 September 2024, or in the event that the offer closing date changes, such other time as may be notified by Macquarie Group Limited to the market.

For further information relating to the Offer or how to apply for the Notes, please call the MCN7 Offer Information Line on 1800 883 072 (within Australia) or on +61 1800 883 072 (International) (Monday to Friday 8:30am – 7:30pm AEST) during the Offer Period. 

Need more information?

Issued by

Anjita Sharma/Rebecca Hayes, Equity Operations

Contact information

Anjita Sharma /Rebecca Hayes
1800 814 051
chesshelp@asx.com.au

General Information

Participants should refer to Section 13 of the CHESS Procedure Guidelines for Participants and Section 14 of the ASX Settlement Operating Rules for further information concerning the processing of Takeover Acceptance Messages for a CHESS Holding of securities. Some of these issues are summarised below. 

• A Participant must initiate acceptance of an offer by transmission of an EIS type ‘031’ message (Takeover Acceptance) where the securities in question are held in a CHESS Holding. The Participant will receive a ‘032’ message (Effected Takeover Acceptance) from CHESS in response. 
• In addition to the electronic notification to the Participant, paper notification will be sent directly to the Holder as securities are reserved in an offer-accepted subposition. Any change to the balance of securities in subposition will generate further electronic advice to the Participant and paper advice to the Holder.
• Where a Participant receives instructions from a Sponsored Holder, the Participant is required under the ASX Settlement Operating Rules to initiate acceptance of an offer:
• if the Holder specifies the time when or by which the offer must be accepted, in accordance with those instructions; otherwise 
• by End of Day on the date of receipt of instructions from the Holder. Where the offer closes on the date of receipt of instructions then prior to the close of the offer. 

Participants should therefore retain, as a minimum, a record of the date on which instructions to accept an offer are received from a Sponsored Holder.

Disclaimer