|Event||Overview||Related Lifecycle||Related Functional Specification||Related Message Specification|
|Off-Market Takeover and Off-Market Buy-back (Bid Offer)|
An Off-Market Takeover is a Corporate Action Event under Chapter 6 of the Corporations Act 2001 (Cth) that allows an Offeror to make an Offer to a shareholder (which can be facilitated by the Controlling Participant) to acquire their securities.
An Off-Market Buy-back is a Corporate Action Event under Chapter 2J (Part 2J.1, Div 2) of the Corporations Act 2001 (Cth) that allows a company, under certain circumstances, to buy-back their own securities. This results in that portion of the issued capital being cancelled.
The process is enabled by the following processes:
|Off-Market Takeovers and Off-Market Buy-backs (Bid Offers) Lifecycle||Takeovers and Buy-backs (Bid Offers) Overview|
|Bonus, Capital Return, Dividend, Interest Payment|
A Bonus Issue is an issue of securities on a Free of Payment (FoP) basis to existing eligible holders of a security (termed the "Parent Security"). Securities are issued on a pro-rata basis, in accordance with the registered holdings of the Parent Security as at the specified Record Date.
A Capital Return, also known as a capital repayment, can be paid in cash, securities or a combination of both. For a Capital Return paid in securities, the process is similar to a Bonus Issue. For a Capital Return paid in cash, the process is similar to Dividends.
Dividend, interest and trust distribution payments result in payments from the Issuer (Registry) to the registered holders as at the Record Date for the payment. The role of the CSP is limited to reporting the Cum Entitlement Balances (CEB) for holdings on the CSP sub-register to the Issuer (Registry).
|Bonus, Capital Return, Dividend, Interest Payment Lifecycle|
|Non-Renounceable and Renounceable and Rights Issue|
A Renouncable Rights Issue is an offer made to eligible registered holders of a Parent Security. The rights allocated are a transferrable entitlement allowing the take up of new securities upon the payment of application monies. The rights are allocated to eligible holders of the Parent Security as at a specified Record Date, on a pro-rata basis.
Non-renounceable Rights Issues (Entitlement Issues) are similar to Renounceable Rights Issues except that the rights are non-transferrable.
Accelerated Rights Issues, both renounceable and non-renounceable, allow for the acceleration of the Institutional component of the Rights Issue. For further information, refer to Primary Market Facility.
The allotment of nil paid rights to an Account (HIN) of an eligible registered holder is managed by the Issuer (Registry) using the Holding Adjustment Process.
|Rights Issue Lifecycle|
|Reconstruction||A Capital Reconstruction is an alteration of the capital structure of a company. This event may also include a repayment of capital to holders.||Reconstruction Lifecycle|
|Schemes of Arrangement||A Scheme of Arrangement may take many forms, according to orders made by a court. It is a procedure under Chapter 5 (Part 5.1) of the Corporations Act 2001 (Cth) that allows a company to reconstruct its capital, assets or liabilities with the approval of its shareholders and the Court.|
Schemes of Arrangement Overview
Holding Adjustments Overview
| Dividend Reinvestment Plan (DRP) and Bonus Share Plan (BSP)|
An Issuer operates a Dividend Reinvestment Plan (DRP) that allows an existing eligible shareholder the opportunity to reinvest some or all of their cash dividend as additional shares or fractions of shares (for mFunds only) in the underlying security.
An Issuer operates a Bonus Share Plan (BSP) that allows an existing eligible shareholder to elect to receive additional shares in the underlying security in lieu of a cash dividend.
Bonus, Capital Return, Dividend, Interest Payment Lifecycle
Dividend Reinvestment Plan and Bonus Share Plan Elections Overview
Distribution Advice Notification Overview
A Call is a payment of unpaid capital on partly paid securities.
Holders of partly paid securities in a No Liability (NL) company do not have a legal obligation to meet a Call Payment, they may choose to make the payment when the call is announced.
Holders of partly paid securities in a Limited Liability Company (LLC) have a legal obligation to meet a call payment. The holder makes a call payment directly to the Issuer (Registry). The CSP does not facilitate the payment process.
Call Payment (Partly Paid Securities) Lifecycle
Diary Adjustments Overview
Batch Settlement Overview
|Warrant Rollover||A Warrant Rollover is a procedure which allows a Warrant Issuer to convert units in a Warrant reaching maturity into units of a new Warrant. This is done at the request of an investor, and may incur a fee which is handled outside of the CSP.|
Warrant Rollovers follow a lifecycle equivalent to a reconstruction when they roll from one code to the other. Refer to Reconstruction Lifecycle for further information.
Issuer's Agent Transfer Overview
A Code Change is the result of a company name change whereby a Security Code and/or ISIN code changes.
|Code Change and Class Merger Lifecycle||Code Change and Class Mergers Overview|
|Class Merger||A Class Merger is a process where an Issuer merges two securities with equal rank. ||Code Change and Class Merger Lifecycle||Code Change and Class Mergers Overview|
|Share Purchase Plan||A Share Purchase Plan allows eligible shareholders the ability to apply for up to (typically) $30,000 of shares at either an Application price defined at the time the Offer is made or a price derived in a defined period during the 30 days before either the date of the Offer or the date of the Issue.||Share Purchase Plan Lifecycle|
Holding Adjustments Overview