Participant
Technical Services
Credential Services
Listed Company
Professional Adviser
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Information Services
AMO
Notice
This Notice is being issued to provide Participants with further information on the DvP Settlement service extended to support the Pro Rata Accelerated Non-Renounceable Entitlement Offer by SomnoMed Limited.
What do I need to do by when?
Bid Details:
ISIN: |
AU0000327827 |
|---|---|
12 April 2024: |
Deadline for all parties to transmit Dual Entry Settlement Instructions to effect CHESS DVP Settlement between the two parties[1] |
15 April 2024: |
Settlement Date |
16 April 2024: |
SOMXX holdings to be transformed to SOM by Boardroom Pty Limited |
Settlement Agent: |
Finclear Services Pty Ltd (PID 01792) |
Contact: |
Ante Pervan |
Phone: |
(02) 8999 4027 |
Email: |
[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 SOMXX 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
Beverley Faux, Equity Post Trade Operations
Contact information
Equity Post Trade Operations
1800 814 051
pmf@asx.com.au