Important information relating to trading shares on the Low Volume Financial Market (Market)
Calibre is an Unlisted Public Company and disclosing entity.
Calibre’s shares are not listed on any licensed market or exchange, including the Australian Securities Exchange (ASX). In order to provide Shareholders with some liquidity for their Shares, Calibre has received approval from the Australian Securities and Investments Commission (ASIC) to operate a Low Volume Financial Market under an exemption provided by section 791C of the Corporations Act 2001 and in accordance with the Corporations-(low-volume-financial-markets)-exemption-notice-2013. It is important to note the following:
- Calibre is not licensed under Part 7.2 of the Act; and
- Calibre is not subject to the legal obligations that apply to the operator of a licensed market, including the requirement, to the extent that it is reasonably practicable to do so, to do all things necessary to ensure that the market is a fair, orderly and transparent market.
Calibre has no role in negotiation and pricing of any trade under the Low Volume Financial Market. Financial information lodged with ASIC (available in the Shareholder Records section of our website) may assist parties in their negotiations. Before completing your trade, you should check this section for any recently added information.
Calibre is unable to provide you with any advice in relation to the potential tax consequences of any sale as each Shareholder’s circumstances are different. You should obtain your own taxation, financial and investment advice in relation to the consequences of any sale before entering into any transaction to sell or buy Calibre Shares.
You can request that your details be amended or removed from the Market register by contacting the Company Secretary.
The Low Volume Financial Market provides you with one way to potentially locate a Buyer or Seller of Calibre Shares. You may find your own buyer for your shares outside of the market.
Each Calibre Shareholder is issued with an Issuer Holding Statement for their Calibre Shares. You may also inspect the Register of Members for Calibre at its Share Registry to confirm the seller is the registered holder of the Shares.
Calibre takes no responsibility for, and has no liability to, any Buyer who does not receive good title to any Calibre Shares they have paid for.