082/10 Orica Limited Demerger - Corporate Action Implications for ...

SFE NOTICE NO. 082/10
Date of Issue: 7 June 2010
Effective Date:
12 July 2010 (indicatively)
ORICA LIMITED DEMERGER – CORPORATE ACTION IMPLICATIONS FOR ASX ORI
CFDS
1.0 Introduction
Orica Limited (ASX Code: ORI) announced on 3 May 2010 a proposal to demerge into two separately listed entities. The
Scheme Document was released on 31 May 2010. The proposal is subject to shareholders approval at Scheme and General
Meetings on (indicatively) 8 July 2010 and Court approval on 9 July 2010. If approved, the last day of trading of ORI cumdemerger
will be Friday, 9 July 2010.
The demerger restructure involves an in-specie distribution of one DuluxGroup Limited (ASX Code: DLX) share for every one
ORI share held. DLX will commence trading on a deferred settlement basis on Monday, 12 July 2010.
The purpose of this SFE Notice is to describe the cash adjustment for open positions in ASX ORI CFDs (commodity code
ORK6).
The Effective Date will be Monday, 12 July 2010 (indicatively), when the underlying shares are ex-demerger.
2.0 ORK6 Cash Adjustment for the Demerger
The following will occur for existing positions in ORK6 on account of the demerger. The market value of the in-specie
distribution of DLX for the purpose of the CFD cash adjustment will be based on the CSPA (closing price) of DLX on Monday,
12 July 2010.
The cash adjustment amount (CA) for each open CFD per account, will be:
CA
Where:
V
= (V x 1/1), rounded to nearest 1 cent
= CSPA of DLX in dollars
Long position holders will be credited the cash adjustment. Short position holders will be debited. The cash adjustment will
only be applied to ORK6 positions held on the close of trading of Friday, 9 July 2010, when the underlying shares are cumdemerger
(this will be shown as a bonus in ASX trading systems).
The cash settlement will be made by SFECC on Tuesday, 13 July 2010, the first settlement day following the effective date.
This document provides general information only. This document is not investment or financial product advice. While the information contained in this publication has been prepared
with all due care and skill by Sydney Futures Exchange Ltd ("SFE"), the users of the publication must obtain their own independent advice and conduct their own investigations and
assessment regarding the information. SFE is a member of the ASX group of companies .This document is made available on the understanding that ASX Limited (ABN 98 008 624
691) and its related bodies corporate and their respective directors, employees, agents, servants and boards accept no responsibility for any person acting on or relying on any
opinion, advice or information and disclaim all liability for any loss howsoever caused (including by reason of negligence) and for any errors, omissions, defects or misstatements
(whether negligent or otherwise) contained in the publication. The information in this document is subject to change. This document is not a substitute for the relevant SFE
Operating Rules and in the case of inconsistency, the SFE Operating Rules prevail.

3.0 Further SFE Notice
Participants are advised that a further SFE Notice setting out the amount of cash adjustment will be released via the ASX
website as soon as practicable, after the close of business on 12 July 2010.
4.0 Further Information
Participants seeking further information in relation to this SFE Notice should contact:
Peter Ho, Senior Operations Analyst on 612 9227 0668, or peter.ho@asx.com.au.
Simon McCarthy
General Manager, Clearing and Settlement Operations
ASX Limited
20 Bridge Street
Sydney NSW 2000
Australia
This document provides general information only. This document is not investment or financial product advice. While the information contained in this publication has been prepared
with all due care and skill by Sydney Futures Exchange Ltd ("SFE"), the users of the publication must obtain their own independent advice and conduct their own investigations and
assessment regarding the information. SFE is a member of the ASX group of companies .This document is made available on the understanding that ASX Limited (ABN 98 008 624
691) and its related bodies corporate and their respective directors, employees, agents, servants and boards accept no responsibility for any person acting on or relying on any
opinion, advice or information and disclaim all liability for any loss howsoever caused (including by reason of negligence) and for any errors, omissions, defects or misstatements
(whether negligent or otherwise) contained in the publication. The information in this document is subject to change. This document is not a substitute for the relevant SFE
Operating Rules and in the case of inconsistency, the SFE Operating Rules prevail.