Notice

Contango Income Generator Limited - DvP Settlement of DRP Shortfall ASX Code: CIEXX

What's this about:
  • ASX Market
  • Clearing
  • Settlement
  • Operations
  • Market Data
  • Compliance
  • Risk
Notice reference number: 1127.16.09
Date published: 23/09/16
Effective as of: 23/09/16
Last updated: 23/09/16

This Notice is being issued to provide Participants with further information on the DvP Settlement service extended to support the DRP Shortfall by Contango Income Generator Limited

What do I need to do by when?

Bid Details:

ISIN:

AU0000CIEXX6

27 September 2016:

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

28 September 2016†:

Settlement Date　

29 September 2016:

CIEXX holdings to be transformed to CIE by Computershare Investor Services Pty Ltd

Settlement Agent:

Pershing Securities Australia (PID 01792)

Contact:　

Will Tracey

Phone:

(02) 8999 4094

Fax:

(02) 8999 4070

Email:

Corporate-Actions@pershing.com


[1] An existing market convention states that transactions should be matched before 4 pm on S-1. Unmatched transactions after this time may be matched up until 11.30 am on S without prior agreement with the counterparty. Any transactions remaining should only be matched in the last hour　with agreement with the counterparty.

†　The CHESS Subregister will close at 7.00pm.　

CHESS Charges

The CHESS tariffs for processing individual transactions will not apply to Participants in the processing of CIEXX 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

Jenny Yang, Officer, Post Trade Operations

Contact information

Jenny Yang
1800 623 571
pmf@asx.com.au

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