CHESS sub-register definition
Examples of CHESS sub-register in a sentence
You are then allocated with a unique holder identification number (HIN) which identifies you as the holder of shares on the CHESS subregister.
Holding your shares on the CHESS subregister is efficient and convenient.
The Clearing House Electronic Subregister System (CHESS) is the computer system used by the ASX to facilitate clearing and settlement of trades in shares, and to electronically register the title (ownership) of shares on the CHESS subregister.
The Company is a CHESS participant and operates an electronic issuer sponsored sub- register and an electronic CHESS sub-register.
To register your shares on the CHESS subregister, you arrange for an authorised participant to sponsor you on CHESS and sign a sponsorship agreement with them.
For the purpose of clause 5.1(t), CGA must give all necessary directions to the CGA Registry to ensure that any information that B2Gold reasonably requests in relation to the Register, including any CHESS sub-register and any issuer sponsored sub- register, is promptly provided to B2Gold and, where requested by B2Gold, CGA must procure that such information is made available in such electronic form as is reasonably requested by B2Gold.
To register your shares on the CHESS subregister, you arrange with an authorized participant (usually your stockbroker or their settlement agent) to sponsor you on CHESS.
For the purpose of clause 5.1(t), CGA must give all necessary directions to the CGA Registry to ensure that any information that B2Gold reasonably requests in relation to the Register, including any CHESS sub-register and any issuer sponsored sub-register, is promptly provided to B2Gold and, where requested by B2Gold, CGA must procure that such information is made available in such electronic form as is reasonably requested by B2Gold.
For the purpose of clause 5.1(u), Papillon must give all necessary directions to the Papillon Registry to ensure that any information that B2Gold reasonably requests in relation to the Register, including any CHESS sub-register and any issuer sponsored sub-register, is promptly provided to B2Gold and, where requested by B2Gold, Papillon must procure that such information is made available in such electronic form as is reasonably requested by B2Gold.
If you hold your shares on the CHESS subregister then your CHESS Sponsor controls the transfer or movement of shares to or from your CHESS sponsored holdings, but may only do so if following your specific instructions.