REG-INSIGHT

ASIC CP 387 Series

📝 Completing the New Form

🛠 Step-by-Step Guide: How to Complete the New SHN

1. Holder & Target Entity Details

• Entity Identification: State the targeted listed entity and the primary lodging entity (or control group).
• Notice Nature: Select the trigger type—Initial, Change, or Ceasing—within the unified form structure.

2. Position Breakdown & Exposure Categories

• Direct & Physically Settled Relevant Interests: Shares directly held or physically deliverable derivatives.
• Deemed Economic Interests (DEI): Cash-settled derivatives (such as total return swaps or CFDs) evaluated at full notional underlying value.
• Offsetting Short Positions: Short exposures to determine net positioning where permitted by statutory calculation rules.

3. Details of Changes & Consideration

• Transaction History: Detail the date, nature, and consideration given/received for every transaction that contributed to crossing the 5% initial mark or subsequent 1% movement.
• Agreement Annexures: Attach relevant copies of non-standard derivative contracts or voting agreements that establish the underlying interest.

4. Associate Disclosures & Registers

• Group & Associate Reporting: Map out linked corporate entities or concerted parties sharing control or economic interests.
• Register Integration: Ensure entries reconcile with your internal Register of Relevant Interests (RORI).

🔑 Best Practices for a Smooth Transition

• 📊 Update Surveillance Engine Mappings: Re-configure automated monitoring systems so position tracking aggregates direct equity, physical derivatives, and cash-settled DEI into a single reporting output.

• 🕒 Mind the 2-Business-Day Window: Consolidating forms does not alter statutory deadlines. The clock begins as soon as aggregate exposure crosses a threshold.

• 📁 Standardize Document Templates early: Begin populating data fields using the new SHN layout during the transition period to avoid last-minute lodgement errors before the June 2027 cut-off.

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