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Notice
This Notice is being issued to provide Participants with further information on the DvP Settlement service extended to support the Retail Offer Shortfall by Webjet Limited
Please be advised the settlement date has been amended to 30 June 2016 and transformation date has been amended to 01 July 2016.
What do I need to do by when?
Bid Details:
ISIN: |
AU0000WEBZZ9 |
|---|---|
29 June 2016: |
Deadline for all parties to transmit Dual Entry Settlement Instructions to effect CHESS DVP Settlement between the two parties[1] |
30 June 2016†: |
Settlement Date |
01 July 2016: |
WEBZZ holdings to be transformed to WEB by Computershare Investor Services Pty Limited |
Settlement Agent: |
Credit Suisse (Australia) Limited (PID 01104) |
Contact: |
John Clifton |
Phone: |
(03) 9280 1814 |
Fax: |
(03) 9914 1814 |
Email: |
john.clifton@credit-suisse.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 10.30 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 WEBXX 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