ASX Listing Rules Simplification


On Oct. 10, ASX issued feedback and rules on simplified listing.


  • ASX issued response to submissions re consultation on listing rules, see #49941.
  • Also published final changes along with marked-up comparison with consulted version.
  • Most responses largely supportive of, or expressed no objections to or comments on, vast majority of proposed changes to rules and guidance in the consultation package.
  • Guidance Consulted On
  • Issued mark-ups of the changes ASX is making to consultation versions of following:
  • GN 1 Applying for Admission – ASX Listings
  • GN 11 Restricted Securities and Voluntary Escrow
  • GN 12 Significant Changes to Activities
  • GN 13 Spin-outs of Major Assets
  • GN 21 The Restrictions on Issuing Equity Securities in Chapter 7 of the Listing Rules
  • GN 24 Acquisitions and Disposals of Substantial Assets Involving Persons in a Position of Influence
  • GN 25 Issues of Equity Securities to Persons in a Position of Influence.
  • Further Guidance
  • Also published mark-ups of the changes ASX is making to the existing versions of the following guidance notes, which were not included in the consultation package:
  • GN 4 Foreign Entities Listing on ASX
  • GN 5 CHESS Depositary Interests (CDIs)
  • GN 17 Waivers and In-Principle Advice
  • GN 19 Performance Shares
  • GN 20 ASX Online
  • GN 23 Quarterly Reports
  • GN 29 Applying for Admission – ASX Debt Listings
  • GN 30 Notifying an Issue of Securities and Applying for Their Quotation
  • GN 34 Naming Conventions for Debt and Hybrid Securities.
  • Issued mark-up of changes ASX is making to Apr. 15, 52019 version of GN 33 Removal of Entities from the ASX Official List and a new GN 35 Security Holder Resolutions.
  • Appendices Consulted On
  • Mark-ups of changes made to consultation versions of listing rule appendices:
  • Appendix 1A Application for Admission to the ASX Official List (ASX Listing)
  • Appendix 1B Application for Admission to the ASX Official List (ASX Debt Listing)
  • Appendix 1C Application for Admission to the ASX Official List (ASX Foreign Exempt Listing).
  • Further Appendices Updated
  • Issued mark-ups of the changes ASX is making to the existing versions of the following Listing Rule Appendices, which were not included in the consultation package:
  • Appendix 4C Quarterly Cash Flow Report for Entities Subject to Listing Rule 4.7B
  • Appendix 5B Mining Exploration Entity and Oil and Gas Exploration Entity Quarterly Cash Flow Report.
  • Effectiveness
  • Subject to necessary regulatory approvals, final rule changes effective Dec. 1, 2019.
  • Exceptions are changes to requiring person appointed for communication with ASX to have approved education, and changes to appendix 4C/5B quarterly cash flow reports.

Regulators ASX
Entity Types B/D; Bank; Corp; Depo; Exch
Reference PR, RSP, FS, GD, GN 1, GN 4, GN 5, GN 11, GN 12, GN 13, GN 17, GN 19, GN 20, GN 21, GN 23, GN 24, GN 25, GN 29, GN 30, GN 33, GN 34, GN 35, 10/10/2019
Functions Compliance; Financial; Legal; Operations; Reporting; Settlement; Trade Reporting; Trading
Countries Australia
Products Clearing; Equity; Fixed Income; Issuance/IPO; Securities; Short Sale; Stock Lending
Regions AP
Rule Type Final
Rule Date 10/10/2019
Effective Date 10/10/2019
Rule Id 66008
Linked to N/A
Reg. Last Update 10/10/2019
Report Section International

Last substantive update on 10/11/2019