Options, Warrants and Similar Rights
This section sets out additional requirements that apply to options, warrants or similar rights.
The securities underlying the options, warrants or similar rights must be:
(a) debt securities that are listed or to be listed on the Exchange;
(b) debt securities listed or to be listed on another stock exchange; or
(c) other debt security that the Exchange has agreed in writing is acceptable.
If the underlying debt securities have not yet been issued:
(a) their issuance must have been validly authorised; and
(b) any listing of them must have been validly approved.
If options, warrants or similar rights are convertible into debt securities, the terms of the issue must provide for appropriate adjustments to the conversion terms if there is a change in those debt securities.