Participant
Technical Services
Credential Services
Listed Company
Professional Adviser
Information Provider
Information Services
AMO
Notice
What do I need to do by when?
Bid Details:
Bidder: |
Astral Resources NL |
|---|---|
UIC: |
11816 |
Registry/Agent: |
Automic Registry Services |
Target Issuer: |
Maximus Resources Ltd |
Target ASX Code: |
MXR |
Takeover Code/Consideration |
MXR001 - One (1) Astral share for every two (2) Maximus Resources Ltd shares held |
Offer Terms:
Offer Open Date: |
5 February 2025 |
|---|---|
Offer Close Date: |
7:00pm (Sydney time) on 7 March 2025 |
CHESS will process acceptance messages until 7:00pm (Sydney time) on 7 March 2025 in the event that the bid is extended, such other time as may be notified by bidder to the market.
The MXR bid is conditional and a shareholder may only accept the offer in relation to all of their MXR shares held at the time the acceptance is processed.
For further information regarding the Offer, please contact the MXR Information Line on 1300 103 392 from within Australia or +61 2 9068 1925 from outside Australia, Monday to Friday between 8:30am and 7:00pm (AEDT).
Need more information?
Issued by
Equity Post Trade Operations
Contact information
Equity Post Trade Operations
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.