Notice

UPDATE: Oncosil Medical Limited - DvP Settlement of Conditional Placement ASX Code: OSLYY

What's this about:
  • ASX Market
  • Clearing
  • Settlement
  • Operations
  • Market Data
  • Compliance
  • Risk
Notice reference number: 0305.18.03
Date published: 23/03/18
Effective as of: 23/03/18
Last updated: 19/04/18

This Notice is being issued to provide Participants with further information on the DvP Settlement service extended to support the Conditional Placement by Oncosil Medical.

What do I need to do by when?

Please be advised the Settlement Date is updated to Wednesday, 16 May 2018.

Bid Details:

ISIN:

AU0000005175

 15 May 2018:

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

16 May 2018†:

Settlement Date 

 17 May 2018:

OSLYY holdings to be transformed to OSL by Boardroom Pty Ltd

Settlement Agent:

Pershing Securities Australia (PID 01792)

Contact: 

Vincent Trimarchi

Phone:

(02) 8999 4094

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 June 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 OSLYY 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

Sherly Tatang, Post Trade Services

Contact information

Sherly Tatang
1800 623 571
pmf@asx.com.au

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