Notice

Laybuy Group Holdings Limited – DvP Settlement of Initial Public Offer ASX Code: LBYXX

What's this about:
  • ASX Market
  • Clearing
  • Settlement
  • Operations
  • Market Data
  • Compliance
  • Risk
Notice reference number: 0947.20.08
Date published: 28/07/20
Effective as of: 28/07/20
Last updated: 13/08/20

This Notice is being issued to provide Participants with further information on the DvP Settlement service extended to support the Initial Public Offer by Laybuy Group Holdings Limited.

What do I need to do by when?

Bid Details:

ISIN:

AU0000099889

1 September 2020

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

2 September 2020

Settlement Date

3 September 2020

LBYXX holdings to be transformed to LBY by Link Market Services Limited

Settlement Agent:

Bell Potter Securities Limited (PID 01543)

Contact:　

Craig Harris

Phone:

(03) 9235 1886

Fax:

(03) 9235 1802

Email:

Charris@bellpotter.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 LBYXX 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

Rebecca Hayes, Equity Operations

Contact information

Equity Operations
1800 814 051
pmf@asx.com.au

Disclaimer