MYR 4.09% 82.0¢ myer holdings limited

Ann: Myer Full Year Results (FY2015) Release & Entitlement Offer, page-39

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  1. 617 Posts.
    lightbulb Created with Sketch. 81
    Yes I would really like this to be fully clarified. If you buy today I don't think you will be entitled. But current holders I'm not sure, my reading is they won't be entitled until after the record date, but I could be wrong. Further extract below.

    Column 1
    0 Therefore, Participants must ensure that any transfer, including the priming of Broker Entrepot Accounts, is conducted in accordance with the basis of quote. For example, a transfer in relation to a transaction conducted on an ex-basis should ordinarily only occur post record date.
    CHESS will perform automatic diary adjustments to ‘cum entitlement’ settlement obligations outstanding as at the record date.
    Trading issues
    ASX will not price a ‘cum’ market with respect to trading in the Company’s securities. Persons who acquire the Company’s securities after the commencement of the trading halt on Tuesday 1 September 2015 are not entitled to participate in the Entitlement Offer.
 
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