General information for Shareholders
As a shareholder of Healesville & District Community Enterprise Limited, we value your time and to make things
easier for you (and help to save our environment) we have put some general information for you here.
Annual General Meeting
The inaugural AGM was held on Monday October 17, 2011. (see Home page)
Newsletters
We will keep in regular contact with shareholders through our Shareholder newsletter. Issued every quarter, the
newsletter shares information about current business and company issues, as well as providing updates every six
months on the financial position of the company.
Share Trading
To buy or sell shares in Healesville & District Community Enterprise Limited please refer to the information below
regarding the "Low Volume Market". This section provides you with all the necessary information and tools to
assist you with purchasing or selling shares.
If you have any issues, concerns or wish to discuss your shareholder matters, please contact Gary Slater or send
an email to admin@healesvillecommunitybank.com.
Rules of the H&DCE Low Volume Market
(Please Note: The LVM is not yet established. Notice will be given on this and the Home page when the
LVM becomes active.)
General Rules
All share transactions are to comply with the constitution of Healesville & District Community Enterprise Ltd, a
copy of which is available upon request to:
Neil Skinner, Secretary
Healesville & District Community Enterprise Ltd
PO Box 1144
Healesville Vic 3777
The H&DCE Low Volume Market must comply with the terms and conditions of the Exemption Notice.
Accordingly, H&DCE will record the aggregate total volume and value of transactions conducted on the market to
ensure that no more than 100 (one hundred) completed transactions with a total value (measured by sale price) of
not more than AUD$500,000 (five hundred thousand dollars), are entered into during any 12 month period.
Therefore, if the matching of the two or more registered parties would result in a transaction that would cause
either the total volume or the total value of all transactions entered into in the relevant 12 month period to exceed
either of those limits, H&DCE will not match those parties, and may suspend the market to the start of the
subsequent 12 month period. In such a case interested sellers and buyers would have the option of either waiting
for the next 12 month period to commence or find a counter party themselves.
Registering on the H&DCE Low Volume Market:
Pricing:
Once particulars have been provided and exchanged between matched buyers and sellers, negotiation of the
trade price takes place. While H&DCE has no role in that negotiation, financial information as lodged with ASIC
(available on the Shareholder's page as the Annual Report and any subsequent financial reports released by the
company to the public) may assist parties in their negotiations.
Processing a Trade:
Requests from buyers and sellers will be matched on a "first-in first-out" basis. The Company will provide a
prospective buyer with the matched seller's details, including their contact information, the number of shares for
sale and the seller's asking price for those shares.
Any resulting transaction between the buyer and the seller is effected between those parties without the
involvement of H&DCE.
Once the transaction has been completed by the seller and the buyer, a signed and otherwise completed share
transfer form and the relevant share certificate must be forwarded to the Registry:
1. For review and approval by the Board of H&DCE
2. Upon approval, update the H&DCE register of members by recording the transfer of shares from the seller
to the buyer and the buyer's details as holder; and
3. Issue and dispatch a new share certificate to the buyer.
The Company will then update the register of sellers and buyers.
Registering as a buyer
Registering as a seller