ARL 0.00% 43.0¢ ardea resources limited

“S3” condition code – Reporting of Block Special Crossings...

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    “S3” condition code – Reporting of Block Special Crossings http://www.asx.com.au/documents/pro...es_Procedures_Amendments_due_to_MIRs_AGBs.pdf

    Off-Market Specials A Block Special Crossing (BSC) is a crossing transaction that meets certain value conditions and therefore can be conducted off-market and reported back to the market as an off-market trade (requirements are set out in the relevant ASX Operating Rules Procedures. Block Special Crossings can currently be reported at any negotiated price. Facilitation Off-Market Specials that meet a further minimum value requirement can have their reporting to the market delayed. One side of these trades must be facilitated as principal by a broker. The minimum consideration for this transaction is between $2 and $15 million depending on the category of security

    http://www.asx.com.au/documents/resources/australian_cash_equity_market.pdf
 
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