Compliance Update 02/19 February
Compliance Updates
Compliance Update
Compliance Update 25 February 2019
Update no 02/19
1. Change of date to Brisbane ASX Corporate Governance Roadshow
As advised in Listed@ASX Compliance Update no 01/19 emailed to subscribers on 21 February 2019, ASX will be conducting a national roadshow to inform listed entities and other interested stakeholders about changes in the 4th edition of the Corporate Governance Principles and Recommendations which is expected to be released later this month.
The date of the Brisbane roadshow presentation has changed to Wednesday 15 May 2019. This date has also been amended in the ASX website version of Update 01/19 and all those people who had already registered have been notified of the change.
The dates, venues and registration links for the roadshow are listed below. If you have questions please contact ASX at

  • Register for Adelaide
    Date: Tuesday 7 May 2019, 9am to 10am
    Venue: Adelaide Convention Centre, North Terrace, Adelaide
  • Register for Perth or contact your Listings Adviser
    Date: Wednesday 8 May 2019, 9am to 10am
    Venue: Parmelia Hilton Hotel, 14 Mill Street, Perth
  • Register for Sydney
    Date: Thursday 9 May 2019, 9am to 10am
    Venue: 20 Bridge Street, Sydney
  • Register for Melbourne
    Date: Friday 10 May 2019, 9am to 10am
    Venue: State Library, 328 Swanston Street Melbourne
  • Register for Brisbane
    Date: Wednesday, 15 May 2019, 9am to 10am
    Venue: Mercure Hotel, 85-87 North Quay, Brisbane
2. Correction to dividend and distribution information - 31 March 2019
In Update 01/19 dated 21 February 2019, 29 March 2019 was incorrectly referred to as being a Thursday when it is in fact a Friday.
The corrected full text is as follows:
Listed entities declaring a dividend or distribution for the period ending 31 March 2019 are again reminded that they must use ASX Online forms to announce the dividend or distribution and that if they wish to set a record date for that period, given both 30 and 31 March 2019 fall on non-business days, they must set Friday 29 March 2019 as the record date and announce the dividend or distribution by no later than Friday 22 March 2019 (Day 0 in the Appendix 6A Paragraph 1 timetable).
Listed entities should include the following information in such announcements:
  • Conduit foreign income - where an entity announces a dividend or distribution that is fully or partially unfranked, the announcement should make clear the conduit foreign income (CFI) component of that dividend or distribution, even if the CFI component is nil.

    In the online form, please note that questions 3A.4 Franked amount, 3A.6 Unfranked amount and 3A.7 Conduit Foreign Income amount should all add up to the total amount of the dividend/distribution as advised at question 3A.1b (that is, the Conduit Foreign Income amount is exclusive of the Unfranked amount).

    The announcement of franking details is not compulsory when announcing an estimate of a dividend or distribution.
  • Dividend/distribution reinvestment plans (DRP) - where an entity has a DRP or other plan in place, ASX requests that the entity make it clear in the announcement whether the DRP will operate or will be suspended for that particular dividend or distribution. If the DRP will operate, the following information should also be given:
    • the last date for electing to participate in the DRP (question 4A.2 in the online form);
    • the discount rate, if applicable (question 4A.3 in the online form);
    • the ranking of the securities to be issued pursuant to the DRP (question 4A.8a in the online form); and
    • pricing period and the pricing methodology for determining the issue price under the DRP (questions 4A.4 and 4A.5 in the online form).
If at the time when the dividend or distribution is announced it has not been decided by the entity whether the DRP will operate, or the above details are not known, the entity should give an indication of when the entity expects to confirm details of the DRP's operation (using Part 5 ‘Further information’ if advising by online form).
Listed entities are also reminded to advise any update to dividend information (including actual amounts and DRP prices) by completing and submitting an Updated Online Form.
If you have any questions please contact your Listings Compliance Adviser or email:
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