Notice

Empire Energy Group Limited - DvP Settlement of Placement ASX Code: EEGXX

What's this about:
  • ASX Market
  • Clearing
  • Settlement
  • Operations
  • Market Data
  • Compliance
  • Risk
Notice reference number: 0403.24.04
Date published: 18/04/24
Effective as of: 18/04/24
Last updated: 18/04/24
This Notice is being issued to provide Participants with further information on the DvP Settlement service extended to support the Placement by Empire Energy Group Limited.
 

What do I need to do by when?

Bid Details:

ISIN:

AU0000329005

23 April 2024:

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

24 April 2024:

Settlement Date 

26 April 2024:

EEGXX holdings to be transformed to EEG by Computershare Investor Services Pty Limited

Settlement Agent:

Morgans Financial Limited (PID 04064)

Contact: 

Suzie Marshall

Phone:

(07) 3334 4808


[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 EEGXX 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

Serena Dang, Equity Post Trade Operations
 

Contact information

Equity Post Trade Operations
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