After vaguely announcing a May 2014 launch window for Conception II: Children of the Seven Stars in PAL regions, ATLUS USA have refined that launch date to May 14th, 2014 on the PlayStation Vita and May 15th, 2014 on the Nintendo 3DS. Unlike North America there will only be a digital download edition, however this does not rule out the possibility of importing a physical copy from the US for those who dislike downloading games.
A demo for the game is now available on both platforms, with progress obtained in the demo transferred over to the full release in addition to providing some bonus goodies that will assist you in creating magic star babies.
Australia is covered by the ATLUS USA release, and has been classified as R18+ by the Australian Classifications board for High Impact Sexual References. Although to be fair I personally stopped taking their classifications seriously since Atelier Totori Plus was also deemed R18+ despite originally being released in the region as PG.
