Notice

UPDATE - Animoca Brands Corporation Limited– DvP Settlement of Retail Entitlement Offer ASX Code: AB1YY

What's this about:
  • ASX Market
  • Clearing
  • Settlement
  • Operations
  • Market Data
  • Compliance
  • Risk
Notice reference number: 0100.17.02
Date published: 03/02/17
Effective as of: 03/02/17
Last updated: 24/02/17

This Notice is being issued to provide Participants with further information on the DvP Settlement service extended to support Retail Entitlement Offer of Animoca Brands Corporation Limited

UPDATE - Deadline, Settlement, and Transformation dates have been amended  

What do I need to do by when?

Bid Details:

ISIN:

AU0000AB1YY3

01 March 2017:

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

02 March 2017†:

Settlement Date 

03 March 2017:

AB1YY holdings to be transformed to AB1 by Security Transfer Australia Pty Ltd

Settlement Agent:

Baillieu Holst Limited (PID 03118)

Contact: 

Darren McKay

Phone:

(03) 9602 9313

Fax:

(03) 9602 2350

Email:

dmckay@baillieuholst.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 AB1YY 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

Jenny Yang, Officer, Post Trade Operations

Contact information

Jenny Yang
1800 623 571
pmf@asx.com.au

 

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