Notice

Mayne Pharma Group Limited – DvP Settlement of Institutional Offer ASX Code: MYXXX

What's this about:
  • ASX Market
  • Clearing
  • Settlement
  • Operations
  • Market Data
  • Compliance
  • Risk
Notice reference number: 0754.16.06
Date published: 29/06/16
Effective as of: 29/06/16
Last updated: 29/06/16

This Notice is being issued to provide Participants with further information on the DvP Settlement service extended to support the Institutional Offer by Mayne Pharma Group Limited

What do I need to do by when?

Bid Details:

ISIN:

AU0000MYXXX2

05 July 2016:

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

06 July 2016†:

Settlement Date 

07 July 2016:

MYXXX holdings to be transformed to MYX by Computershare Investor Services Pty Limited

Settlement Agent:

Credit Suisse (Australia) Limited (PID 01104)

Contact: 

Debbie Vick

Phone:

(03) 9280 1604

Fax:

(03) 9914 1604

Email:

debbie.vick@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 MYXXX 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

 

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