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Share Trading Facility - Low Volume Financial Market

Malabar Resources (Malabar) is an Unlisted Public Company and a Disclosing Entity.

Malabar received approval on 16 March 2017 from ASIC to operate a low-volume financial market for its ordinary shares (Shares) for the purposes of connecting potential buyers and sellers of Shares (Share Trading Facility).  The Share Trading Facility is conducted by means of an electronic register of potential buyers and sellers, where contact details of potential counterparties are provided for registered participants.

The Share Trading Facility is a market covered by an exemption under section 719C of the Corporations Act 2001 (Cth) (Act) as Malabar is included on the register of entities maintained by ASIC under the Corporations (Low Volume Financial Markets) Instrument 2016/888 (Instrument).  Malabar, as the operator of the Share Trading Facility, is not licensed under Part 7.2 of the Act and 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.

Conditions of the Share Trading Facility

The Share Trading Facility is a ‘low volume financial market’ as defined in the Instrument and, as such:

(a)        no more than 100 completed transactions may be entered into; and

(b)        the value of the transactions entered into may not exceed $1.5 million,

in the 12 month period commencing on the date the Share Trading Facility was included on the register maintained under the Instrument or any subsequent 12 month period.

Licensing Requirements

Malabar has been included on the register of entities under the Corporations (Low Volume Financial Markets) Instrument 2016/888 to operate a market in shares of Malabar by means of:

  • An electronic register of buyers/sellers, where contact details of potential counterparties are provided for registered participants.
  • There are no matching and settlement services, a transaction between the buyer and seller is effected between parties directly without the involvement of Malabar.

Malabar will not be a party to, nor have any involvement in, any transactions involving Shares which are entered into through, or facilitated by, the Share Trading Facility, other than as operator of the Share Trading Facility (including the provision of details of other Participants) or as required under its constitution.  Malabar is unable to provide a mechanism for the automatic execution of order or the automatic formation of contracts between registered participants.

As Malabar does not hold an Australian financial services licence, Malabar is prohibited from handling the purchase money for the settlement of a transaction entered into through the Share Trading Facility.

Participation in the Share Trading Facility

If you wish to participate in the Share Trading Facility will need to:

  1. Read and understand the Terms of Use of the Share Trading Facility; and
  2. Complete and submit a Registration Form. NOTE, your registration will remain active for 30 days after which it will be removed from the website. If you wish to re-register, please notify us via email and we will relist your intended offer or bid.
  3. Once you have registered as a participant, you may request the contact details of another registered participant. To request this information please contact us.
  4. Registered participants who wish to register a transfer of Shares may obtain a share transfer form from Malabar’s share registry provider, Link Market Services Limited. Physically signed forms need to be submitted to LINK for processing.

Further Information

The full terms and conditions for the Share Trading Facility are set out in the Terms of Use.  Parties are required to read and understand the Terms of Use before making a decision to participate in the Share Trading Facility.

If you have any queries about the Share Trading Facility, you can contact us by email at company.secretary@malabarresources.com.au

Low Volume Financial Market - Registered Participants

SHARES FOR SALE
Seller Shares Price/Share ($)
6 18,000 $2.50
9 41,331 $2.20
10 15,894 $2.20
13 25,000 $2.20
14 176,000 $2.00
OFFERS TO PURCHASE
Buyer Shares Price/Share ($)
1 50,000 $1.80
2 30,000 $1.80
3 20,000 $1.85
4 3,000 $1.90
5 50,000 $1.95
6 5,000 $1.90

Trading History

* Indicates a trade facilitated by a broker or privately and does not form part of the Low Volume Market trading.

Date Share Quantity Share Price ($)
27/08/24 100,000 1.90
12/08/24 30,000 1.95
31/07/24 10,000 1.85
31/07/24 125,000 1.85
11/07/24 28,125* 2.15
05/07/24 125,000* 1.80
02/07/24 101,521* 1.80
18/06/24 101,521* 1.80
17/04/24 22,867 2.20
08/04/24 250,000* 1.80
26/03/24 270,000* 1.80
26/03/24 125,000* 1.80
20/01/24 84,021 2.00
20/01/24 56,987 2.00
20/01/24 50,000 2.00
20/01/24 80,025 2.00
03/01/24 19,975* 2.25
23/11/23 11,000* 2.00
24/10/23 48,000* 2.00
24/10/23 35,800 2.00
24/10/23 64,192 2.00
23/10/23 75,000* 2.00
20/10/23 75,000* 2.00
08/06/23 500,000* 2.00
06/06/23 165,600* 1.40
21/03/23 22,400 1.25
21/03/23 32,000 1.25
08/03/23 16,000 2.00
21/02/23 32,000 1.25
05/12/22 120,000* 1.25
03/02/22 100,000* 0.90
14/10/21 60,000 0.95
10/09/21 127,710 0.95
21/07/21 114,345* 0.90
08/03/21 15,000 0.95
25/02/21 72,000 0.80
25/02/21 123,239 0.95
25/02/21 20,000 1.00
25/11/20 25,000 1.00
28/10/20 6,666 0.75
09/07/20 1,207,528* 0.65
11/09/19 5 0.10
22/08/19 64,625 0.55
27/06/19 7,200 0.50
11/01/19 9,047 0.50
12/12/18 30,000 0.40
11/09/18 15,000 0.50
11/09/18 15,000 0.50
27/08/18 5,000 0.40
21/03/18 10,000 0.45
12/12/17 10,000 0.40
20/06/17 1,940 0.45