Off-market Settlement

Off-market Settlement

An Account Holder who wishes to transfer Securities through the mechanism of a matched transaction shall give a completed Off Market Transfer Request Form 15 to his Participant.

An Account Holder may use this mechanism where:

1. payment for a transaction is due to take place outside of the Stock Exchange; or
2. for any other reason at the discretion of the Account Holder and with the agreement of both Participants.

An investor who wishes to transfer Securities through the mechanism of a matched transaction shall give a completed Off Market Transfer Request Form.

On receipt of an Off Market Transfer Request Form 15 for either receipt or delivery of Securities, the Participant shall enter the Transaction into the CDBL system in accordance with the User Manual.