Viva Energy REIT - DvP Settlement of Broker Firm Offer ASX Code: VVRZZ
What's this about:
Notice reference number:0826.16.07
Effective as of:15/07/16
This Notice is being issued to provide Participants with further information on the DvP Settlement service extended to support the Broker Firm Offer by Viva Energy REIT
What do I need to do by when?
8 August 2016:
Deadline for all parties to transmit Dual Entry Settlement Instructions to effect CHESS DVP Settlement between the two parties
9 August 2016†:
10 August 2016:
VVRZZ holdings to be transformed to VVR by Link Market Services Limited
Deutsche Securities Australia Limited (PID 02104)
(02) 8258 1544
(02) 8258 1534
 An existing market convention states that transactions should be matched before 4 pm on S-1.
Executive Series 28 Feb 19: Viva Energy REIT (VVR) Managing Director, Margaret Kennedy
Unmatched transactions after this time may be matched up until 10.30 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 VVRZZ 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?
Chris Mitchell, Officer, Post Trade Operations
1800 623 571