Notice

LBT Innovations Limited – DvP Settlement of Conditional Placement ASX Code: LBTYY

What's this about:
  • ASX Market
  • Clearing
  • Settlement
  • Operations
  • Market Data
  • Compliance
  • Risk
Notice reference number: 1483.16.12
Date published: 07/12/16
Effective as of: 07/12/16
Last updated: 20/03/26

This Notice is being issued to provide Participants with further information on the DvP Settlement service extended to support the Conditional Placement by LBT Innovations Limited

What do I need to do by when?

Bid Details:

ISIN:

AU0000LBTYY6

23 January 2017:

Deadline for all parties to transmit Dual Entry Settlement Instructions to effect CHESS DVP  Settlement between the two parties[1]

24 January 2017†:

Settlement Date 

25 January 2017:

LBTYY holdings to be transformed to LBT by Computershare Investor Services Pty Limited

Settlement Agent:

Bell Potter Securities Limited (PID 01543)

Contact: 

Craig Harris

Phone:

(03) 9235 1886

Fax:

(03) 9235 1802

Email:

Charris@bellpotter.com.au

CHESS Charges

The CHESS tariffs for processing individual transactions will not apply to Participants in the processing of LBTYY where the Transaction Basis “I” (IPO) is used in CHESS messages.

Participants should be aware that transactions do not receive the benefit of central counterparty backing. Therefore, if there were a default the non-defaulting party would not be able to look to ASX Clear for completion of the transaction. 

Need more information?

Issued by

Eldon Hernando, Senior Officer, Post Trade Operations

Contact information

Eldon Hernando
1800 623 571
pmf@asx.com.au

Disclaimer