This Notice is being issued to provide Participants with further information on the DvP Settlement service extended to support the Placement by Mesoblast Limited.
ISIN: |
AU0000138703 |
---|---|
05 March 2021: |
Deadline for all parties to transmit Dual Entry Settlement Instructions to effect CHESS DVP Settlement between the two parties[1] |
08 March 2021: |
Settlement Date |
09 March 2021: |
MSBYY holdings to be transformed to MSB by Link Market Services Limited |
Settlement Agent: |
Third Party Platform Pty Ltd (PID 02552) |
Contact: |
Hylton Leibowitz |
Phone: |
(03) 8663 2775 |
Email: |
Hylton.leibowitz@bellpdirect.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.
The CHESS tariffs for processing individual transactions will not apply to Participants in the processing of MSBYY 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.
Darren Tay, Equity Operations
Equity Operations
1800 814 051
pmf@asx.com.au