Final ASX listing rules reformsOctober 11, 2019

On 9 October 2019, the Australian Securities Exchange (“ASX”) released the final version of its listing rules reforms.  Nearly all of these changes are expected to come into effect on 1 December 2019, so it is important that entities and their advisors are aware of them. ASX’s final version of the reforms comes after the release of its public consultation paper titled “Simplifying, clarifying and enhancing the integrity and efficiency of the ASX listing rules” on 28 November 2019 (“Consultation Paper”).  The Consultation Paper set out a broad range of proposed amendments to the ASX listing rules which would affect entities seeking to list on ASX as well as those which are already listed.  The majority of these have been implemented in the final version of the reforms, with some revisions and additions. The attached Alert  summarises the most important differences between the changes proposed in the Consultation Paper and the final version of the listing rules reforms.

We attach the main documents you need ie

final-asx-listing-rules-reforms (1)  this is the summary doc from King & Wood Mallesons

final-amendments-compare-to-consultation-draft compares final amendments to the original draft

ASX consultation-response-10-10-19  ASX Paper

final-listing-rule-amendments-01-12-19  final amendments

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