Effective Monday 5 May 2025, the following changes will be made to the Share Trading Terms and Conditions:
Section/Clause
Current
New
Date Issued:
12 August 2024
5 May 2025
1.0 DEFINITIONS
1.11 Business Day means a day on which banks are open for business in Sydney, Australia, and does not include Saturdays, Sundays or public holidays;
1.11 Business Day means a day other than a Saturday, Sunday, New Year's Day, Good Friday, Easter Monday, Christmas Day, Boxing Day; and any other day which ASX notifies Market Participants is not a Business Day.
5.0 INSTRUCTIONS
5.9C If You purchase on market a holding of rights for a security that is traded separately to the security, You acknowledge that we may automatically exercise those rights on Your behalf unless You tell us not to exercise them.
This has been removed.
5.9D If You purchase rights and your Confirmation includes the cost of the rights together with the application money, the Confirmation we send You will request payment of the cost of the rights purchased together with the application money. If You don't intend to exercise Your rights, You must tell us before settlement day. If You elect to not exercise Your rights and have paid us the application money, You must tell us at least five (5) Business Days prior to expiry and we'll credit Your account with the exercise amount. If You fail to advise us, we will proceed to exercise Your rights and You will be issued with the relevant shares. We can only exercise Your rights where You have provided us with sufficient cleared funds. If you purchase rights and your Confirmation does not include the cost of the rights and the application money, you must contact the registry to pay the application money for the rights before the settlement time for the rights closes or your rights will be forfeited. The Participant accepts no liability in respect of the settlement of any rights obligations.
5.9C If you purchase rights to a security on market, and if you choose to take up the rights, you must contact the registry directly to pay the application money for the rights before the settlement time for the rights closes, or your rights will be forfeited. The Participant accepts no liability in respect of the settlement of any rights.
The updated document will be available for download from our website from Monday 5 May 2025.
Should you have any questions about these changes, please contact us.
Published: 17 April 2025