Coghlan Duffy + Co advises Growing Registry Platform on IPO

Wednesday, 1 November 2017

Registry Direct Limited (Registry Direct) - an innovative, Melbourne-based registry and shareholder management platform - has today completed its initial public offering (IPO) and listing on the Australian Securities Exchange (ASX).  Coghlan Duffy + Co (CD+Co) is proud to have acted as legal adviser to Registry Direct’s IPO.

Registry Direct’s shares floated today under the ASX ticker code ‘RD1’ at $0.20 per share after raising approximately $2m (before costs).

Registry Direct is one of Australia’s fastest growing online share registry businesses. Registry Direct’s cloud-based platform (Platform) offers enterprise-grade registry services, including CHESS integration, on either a self-service or full-service basis, with innovative, additional functionality designed to enhance shareholder engagement and corporate governance processes.

Recent and impending Government regulatory changes have stimulated the unlisted investment market and the feasibility of employee equity incentives for unlisted companies.  Registry Direct is uniquely positioned to capitalise on this underserviced unlisted market, while continuing to service its established client base of ASX-listed companies.  In this regard, the Platform not only allows its clients to manage its securities registers internally, but it also assists with ESOP reporting requirements, dividend reporting, online security applications and shareholder voting and communications processes (amongst other things).

The CD+Co team, led by Charly Duffy and assisted by Patrick McGlynn, Carlie Hodges and Sarah Ward, thoroughly enjoyed working with Registry Direct in respect of its IPO.  The CD+Co team leveraged their in-depth experience with ASX-listed clients in navigating the technical IPO process to a successful outcome. 

Charly Duffy commented: “Through our corporate governance experience, we know this industry well and we are big believers in Registry Direct’s business - so we were delighted to be engaged as Registry Direct’s legal adviser in relation to its IPO. I am really proud of how our team demonstrated its comprehensive and practical equity capital markets knowledge to deliver a great legal result for Registry Direct.

Founder and Managing Director of Registry Direct, Steuart Roe, stated: “We were impressed with the professionalism and knowledge shown by the CD+Co team throughout the IPO process and thank them for their support, long hours and hard work in driving the legal aspects of the IPO process.”


For further information, contact:

Charly Duffy | Director
T: +61 3 9614 2444 

Coghlan Duffy + Co is a boutique corporate and commercial law firm based in Melbourne. The firm is proud to work with an enviable list of clients, including prominent Australian start-ups and ASX-listed companies.

A: Level 42, Rialto South Tower, 525 Collins St VIC 3000
T: +61 3 9614 2444