Log in or register
Share on LinkedInShare on LinkedIn

ARTICLE · 03 AUGUST 2012

New ASX Capital Raising Listing Rules Finalised : 30 Jul 2012

HopgoodGanim
Explore more from HopgoodGanim

New ASX Listing Rules to facilitate capital raisings by mid to small cap listed entities will come into effect this month.

AustraliaFinance and Banking
Author LinkedIn connections

By Michelle Eastwell, Partner

New ASX Listing Rules to facilitate capital raisings by mid to small cap listed entities will come into effect on 1 August 2012.

The new Listing Rules, which will be in place for this year's AGM season, enable mid to small caps to seek shareholder approval at their AGM to issue a further 10 percent of share capital over the following 12 month period, in addition to the 15 percent allowed in the current Listing Rules.

Here, partner Michelle Eastwell outlines the key changes to the Listing Rules, and explains some of the key issues listed companies need to be aware of when relying on these rules.

Key changes

The new capital raising Listing Rules:

We operate a free-to-view policy, asking only that you register in order to read all of our content. Please login or register to view the rest of this article.

Register for freeORLog in

Related Articles

Legal Intelligence Newsletters: sign up for the latest legal and regulatory news on your chosen topics

Read more about

Related Comparative Guides

See more popular content from

Article

Australia's Enhanced Substantial Holding Disclosure And Beneficial Ownership Disclosure Regime Comes Into Effect From 4 December

Australian financial markets face a fundamental shift in disclosure requirements from December 2026, as new rules expand substantial holding obligations beyond traditional voting interests to capture derivative positions and economic exposure. Market participants must now navigate complex calculations involving physically settleable derivatives, cash-settled instruments, and offsetting short positions—with no grandfathering for existing holdings.
AustraliaFinance and Banking
K&L Gates
K&L Gates
Article

New Payment Models Face A Broader Licensing Regime

Australia's payment services landscape is undergoing a fundamental regulatory transformation with the introduction of new legislation that shifts focus from specific technologies to the functions and activities performed by payment service providers. The Treasury Laws Amendment Bill 2026 will replace the existing non-cash payment facility framework with a comprehensive licensing regime that distinguishes between payment products and payment services, potentially capturing previously unregulated payment
AustraliaFinance and Banking
McCabes
McCabes
Article

Australia's Updated Financial Innovation Strategy

The Australian Government has unveiled its Financial Innovation Strategy, introducing a new Financial Innovation Committee and overhauling the Enhanced Regulatory Sandbox framework to better support emerging businesses testing innovative financial products. The strategy encompasses reforms across consumer data rights, digital assets, tokenised infrastructure, and regulatory frameworks designed to position Australia as a leader in financial innovation.
AustraliaFinance and Banking
K&L Gates
K&L Gates