Notice

Qantas Airways Limited (ASX Code: QAN) – in Trading Halt on an Exchange Traded Option (ETO) Expiry Day – Implication for ETO Market Trading

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  • Settlement
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Notice reference number: 0670.20.06
Date published: 25/06/20
Effective as of: 25/06/20
Last updated: 25/06/20

Qantas Airways Limited – Termination Settlement Price for QAN ETOs 

The securities of QAN were placed in Trading Halt prior to trading on Thursday, 25 June 2020, at the request of the Company pending the release of an announcement by the Company.

There are open positions in expiring (June 2020) QAN ETOs.  In the event that the above Trading Halt remains in place after the conclusion of trading today, QAN ETOs expiring today will use the last traded price of their respective underlying before the Trading Halt came into effect for settlement.  Exercise restrictions are not currently in place for QAN.

In line with current policy, when an ETO underlying products is in a Trading Halt on a designated expiry date, ASX has determined that the expiring QAN ETOs will be reopened for trading at 2.00pm (Sydney time) on Thursday, 25 June 2020 which is the ETO expiry day, unless the underlying is resumed prior, regardless of the status of the underlying.

What do I need to do by when?

Participants can trade expiring QAN ETOs from 2:00pm (Sydney time) should they need to do so.

Need more information?

Issued by

Trading Operations

Contact information

1300 655 560

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