Dec 17 (Reuters) - Regional Express Holdings Ltd REX.AX :
* ASIC RESTRICTIONS DO NOT IMPEDE PROPOSED TRANSACTION WITH PAGAC REGULUS FOR ISSUE OF UP TO $150 MILLION IN CONVERTIBLE NOTES
* DOES NOT ANTICIPATE ANY OTHER FUNDRAISINGS IN 2021 THAT WOULD BE AFFECTED BY RESTRICTIONS
* CLARIFIES RESTRICTIONS MEAN REX NOT ABLE TO RELY ON REDUCED-DISCLOSURE RULES, MUST ISSUE FULL PROSPECTUS TO RAISE FUNDS FROM CERTAIN INVESTORS