A new process for stakeholder submission and Irish Stock Exchange (“ISE”) receipt of Debt announcements will be implemented on July 1st 2013. The entire service will be operated securely, and on a timely basis, providing a “one stop shop” for filing and publication to market. The best in class technology deployed will ensure debt issuers can continue to efficiently comply with their regulatory and transparency obligations under relevant EU securities legislation and ISE Listing Rules.
From July 1st 2013, Debt announcements will only be received and processed by the ISE if they are submitted electronically by registered stakeholders through an online platform developed specifically for receipt of Debt announcements. This means that submission of Debt announcements toannouncements@ise.ie or by fax or paper will no longer be possible after July 1st 2013.
The ISE is also currently examining the pricing and payment options to be put in place from 1st July 2013. The ISE is committed to ensuring the new pricing structure for releasing Debt announcements is consistent with and competitive to other stock exchanges in the EU. There will be no retrospective charging for Debt announcements submitted before July 1st 2013.
Prior to the introduction of the new process, the ISE will provide frequent and clear communication of the various milestones associated with this development. In due course, the ISE will confirm the acceptable methods of payment for publishing Debt announcements. Early notification will provide stakeholders with sufficient time to prepare and implement any changes which may be required on their side.
It would be appreciated, if, at this early stage, you could inform issuers and your relevant market contacts of the imminent change to the Debt announcements service and in particular of the introduction of fees from 1stJuly 2013.
In the meantime, the ISE is happy to discuss the changes with you and has created a contact email address to facilitate any questions you may have - announcementqueries@ise.ie.
