Document ID: chunk:federal_register_of_legislation:F2022C01168:body:0:p2
Version: federal_register_of_legislation:F2022C01168
Segment Type: other
Provision Reference: 
Character Range: 2896–5874

relevant securities were issued by a body by reason of the conversion of convertible notes issued by that body; and
                (b) on the day on which a notice in relation to the convertible notes was given under paragraph (e):
                   (i) securities in the same class as the relevant securities were continuously quoted securities; and
                   (ii) there was no determination under subsection 713(6) in force in respect of the body; and
                (c) trading in securities in the class of relevant securities on the prescribed financial market on which they are quoted was not suspended for more than a total of 5 days during the shorter of the period during which the class of relevant securities were quoted, and the period of 12 months before the first day on which the convertible notes were issued; and
                (d) the conversion of the convertible notes did not involve any further offer; and
                (e) the body that issued the convertible notes gave the relevant market operator for the body a notice that complied with subsection (12D) on the same day as, or within 2 business days before, the first day on which the convertible notes were issued.
            (12D) A notice complies with this subsection if:
                (a) the notice contains the following information:
                   (i) for the convertible notes—the information required by subsection 713(2); and
                   (ii) for securities in the class of relevant securities—the information required by subsections 713(2) to (5),
as if the notice were a prospectus, and
                (b) the information in the notice is worded and presented in a clear, concise and effective manner; and
                (c) where the notice includes a statement by a person, or a statement said in the notice to be based on a statement by a person:
                   (i) the person has consented to the statement being included in the notice in the form and context in which it is included;
                   (ii) the notice states that the person has given this consent; and
                   (iii) the person has not withdrawn this consent before the notice is given to the relevant market operator.
            (12E) If a body gives a notice under paragraph (12C)(e) in relation to convertible notes, each financial report or directors' report of the body required under section 298 in relation to a financial year of the body during which those convertible notes were on issue must contain the following information:
                (a) the number of convertible notes in that class that have not converted as at the end of the financial year;
                (b) the number of securities in the class of relevant securities into which the convertible notes will convert;
                (c) the price (if any) to be paid on conversion;
                (d) the circumstances in which conversion may occur;
                (e) the remaining liability