CP 328 Initial public offers: Relief for voluntary escrow arrangements and pre-prospectus communications

Released 24 February 2020. Comments close 6 April 2020.

This consultation paper is about reducing red tape for initial public offers (IPOs). It sets out our proposals to grant legislative relief for:

  • voluntary escrow arrangements requested by public companies, professional underwriters and lead managers in connection with an IPO; and
  • companies' communications to employees and security holders about an IPO before the company lodges a disclosure document.

We are seeking feedback from law firms, industry, security holders and other stakeholders on our proposals.

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Last updated: 24/02/2020 12:00