Stock Exchange Listed Entities

Companies and trusts listed on a stock exchange, and those involved in their management, should be aware of the additional obligations imposed by the Corporations Act and the relevant listing rules and business rules of the stock exchange not only in relation to ‘continuous disclosure’ obligations but also how they apply to transactions involving the listed entity, its subsidiaries or associated persons.

Practice area overview

We provide services to companies listed on ASX Limited and those involved as directors and managers of those companies.

Corporations Act and the listing rule requirements often require careful consideration and application to transactions in which a listed entity, its subsidiaries or an associated person are party or subject to. Those requirements generally seek to ensure that adequate disclosure is made to shareholders and others involved.

What we do:

Our services extend to advice and documentation for specific proposed corporate activities and transactions to ensure compliance with relevant provisions of the Corporations Act and the listing rules, including:

• ‘Back door’ listings.
• Related party transactions.
• Change of direction.
• Underwriting agreements for underwriters and issuers.
• Restriction/escrow agreements.
• Continuous disclosure requirements.
• Directors’ duties advice.
• Substantial shareholder notice obligations.
• Insider trading.