Webjet Limited – DvP Settlement of Retail Entitlement Offer ASX Code: WEBZZ

What's this about:
  • ASX Market
  • Clearing
  • Settlement
  • Operations
  • Market Data
  • Compliance
  • Risk
Notice reference number: 0818.17.08
Date published: 04/08/17
Effective as of: 04/08/17
Last updated: 04/08/17

This Notice is being issued to provide Participants with further information on the DvP Settlement service extended to support the Retail Entitlement Offer by Webjet Limited

What do I need to do by when?

Bid Details:



28 August 2017:

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

 29 August 2017†:

Settlement Date 

30 August 2017:

WEBZZ holdings to be transformed to WEB by Computershare Investor Services Pty Ltd

Settlement Agent:

UBS Securities Australia (PID 01505)


Chris Normoyle


(02) 9324 2810


(02) 9324 3564


[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 WEBZZ 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

Chris Mitchell, Post Trade Operations

Contact information

Chris Mitchell
1800 623 571