Document ID: chunk:federal_register_of_legislation:F2022C01168:body:0:p4
Version: federal_register_of_legislation:F2022C01168
Segment Type: other
Provision Reference: 
Character Range: 8396–11360

which they were quoted was not suspended for more than a total of 5 days during the shorter of the period during which the class of relevant product was 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 issuer of the convertible notes gave the relevant market operator for the issuer 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) for the convertible notes—the notice contains all the information investors and their professional advisors would reasonably require to make an informed assessment of:
                   (i) the effect of the offer of the convertible notes on the body; and
                   (ii)  the rights and liabilities attaching to the convertible notes offered; and
                   (iii)  the rights and liabilities attaching to the convertible notes themselves and the underlying securities; and
                 (b) for financial products in the class of relevant products—the information required to be included in a Product Disclosure Statement for continuously quoted securities as if the notice were a Product Disclosure Statement; and
                (c) the information in the notice is worded and presented in a clear, concise and effective manner; and
                (d) 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                   (iii) the person has not withdrawn this consent before the notice is given to the relevant market operator.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 the issuer gives a notice under paragraph (12C)(e) in relation to convertible notes, each financial report or directors' report of the issuer (or if the issuer is the responsible entity of a registered scheme or a CCIV in respect of a sub-fund, the registered scheme or the sub-fund) required under section 298 in relation to a financial year of the issuer (or scheme or CCIV) 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 financial products in the class of relevant products 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