Viva Energy REIT - DvP Settlement of Institutional Placement ASX Code: VVRXX
What's this about:
Notice reference number:0128.19.02
Effective as of:25/02/19
This Notice is being issued to provide Participants with further information on the DvP Settlement service extended to support the Institutional Placement by Viva Energy REIT.
What do I need to do by when?
25 February 2019:
Deadline for all parties to transmit Dual Entry Settlement Instructions to effect CHESS DVP Settlement between the two parties
26 February 2019:
27 February 2019:
VVRXX holdings to be transformed to VVR by Link Market Services Limited
Deutsche Securities Australia Limited (PID 02105)
(02) 8258 1544
(02) 8258 1534
 An existing market convention states that transactions should be matched before 4 pm on S-1.
Australia's Viva Energy lists on the ASX - Squawk Box Asia
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 VVRXX 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?
Anjita Sharma, Officer, Post Trade Operations
1800 623 571