CAPITAL RAISINGS
The requirements relating to capital raising vary
depending on a host of factors however, the general principles are well
defined in the CHESS Procedure
Guidelines and it is recommended that these be read in conjunction with
the SCH Business Rules, ASX Listing Rules and the Corporations Act.
One area that is not covered is the design and format
of acceptance/application forms. Some recommended formats are included
in Forms 18 to 22 .
It will no doubt be necessary to make additions
or deletions to the forms to suit each circumstance, however it is recommended
that designs remain as close as possible to the original formats.
For larger public floats and issues, the use of
scanning equipment for barcodes or other information may be utilised
to process completed forms. This will necessitate some changes to the
format eg.
- Special inks that are not recognised by scanning
equipment.
- Areas to be completed by securityholders would
have boxes denoted by shading instead of lines.
It is suggested that the following additional information
is requested on capital raisings applications:
- CHESS HIN
- tax file numbers
Refer to FORMS 18 to 22.
