This Notice is being issued to provide Participants with further information on the DvP Settlement service extended to support the Placement by The Hydroponics Company Limited.
ISIN: |
AU0000THCXX6 |
---|---|
18 December 2017: |
Deadline for all parties to transmit Dual Entry Settlement Instructions to effect CHESS DVP Settlement between the two parties[1] |
19 December 2017: |
Settlement Date |
20 December 2017: |
THCXX holdings to be transformed to THC by Computershare Investor Services Pty Limited |
Settlement Agent: |
Pershing Securities Australia (PID 01792) |
Contact: |
Darragh Kiely |
Phone: |
(02) 8999 4011 |
Fax: |
(02) 8999 4070 |
Email: |
Corporate-Actions@pershing.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 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 THCXX 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.
Jenny Yang, Post Trade Operations
Jenny Yang
1800 623 571
pmf@asx.com.au