Notice

Superior Lake Resources Limited - DvP Settlement of Placement Offer ASX Code: SUPXX

What's this about:
  • ASX Market
  • Clearing
  • Settlement
  • Operations
  • Market Data
  • Compliance
  • Risk
Notice reference number: 0958.18.08
Date published: 29/08/18
Effective as of: 29/08/18
Last updated: 29/08/18

This Notice is being issued to provide Participants with further information on the DvP Settlement service extended to support the Placement Offer by Superior Lake Resources Limited.

What do I need to do by when?

Bid Details:

ISIN:

​ AU0000022618

29 August 2018:

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

30 August 2018:

Settlement Date 

31 August 2018:

SUPXX holdings to be transformed to SUP by Security Transfer Australia Pty Limited

Settlement Agent:

Pershing Securities Australia Pty Limited (PID: 01792)

Contact: 

Darragh Kiely  

Phone:

(02) 8999 4094

Fax:

(02) 8999 4070

Email:

corporate-actions@pershing.com.au


[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 SUPXX 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

Sherly Tatang, Post Trade Operations

Contact information

Sherly Tatang
1800 623 571
pmf@asx.com.au

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