Last Day to Trade definition

Last Day to Trade means 5.00 p.m. Johannesburg time on the day that is 3 Johannesburg business days before the Record Date, or such later day prior to the Record Date as determined in accordance with the rules and procedures of the JSE or of such other stock exchange on which the Exchangeable Bonds may be listed.
Last Day to Trade or “LDT” means the last business day to trade in a security in order to settle by record date to be able to qualify for entitlements or to participate in an event. All trades done from commencement of trade on LDT + 1 will be excluding entitlements;
Last Day to Trade means the last business day to trade in a security in order to settle by record date to be able to qualify or participate in an event;

Examples of Last Day to Trade in a sentence

  • If the Scheme becomes operative, share certificates may not be Dematerialised or re-materialised after the Scheme Last Day to Trade.

  • Therefore, Shareholders who acquire Shares after the Last Day to Trade will not be eligible to vote at the General Meeting.

  • Last Day to Trade or LDT means the last Business Day to trade in an EESE Listed Security in order to settle by Record Date to be able to qualify for entitlements or to participate in an event.

  • In order to be recorded in the Register as at the Record Date in respect of any payment of principal or interest on the Exchangeable Bonds, the trade in respect of any Exchangeable Bond must have taken place on or prior to the Last Day to Trade.

  • If the Name Change becomes operative, Share certificates may not be dematerialised or rematerialised after the Name Change Last Day to Trade.


More Definitions of Last Day to Trade

Last Day to Trade means, in relation to a Series of Structured Notes, 17h00 Johannesburg time on the day that is the date as determined in accordance with the JSE Listings Requirements;
Last Day to Trade means 17:00 South African time on the day that is 5 (five) Dealing Days before the Record Date;
Last Day to Trade means, in relation to a Series of South African Securities, 17h00 Johannesburg time on the day that is 5 JSE Scheduled Trading Days before the Record Date;
Last Day to Trade for the unbundling means, the last date to trade in Telkom shares and
Last Day to Trade for the unbundling means, the last date to trade in Telkom shares and Telkom ADSs in order to be recorded in the register on the record date for the unbundling, which is expected to be 4 May 2009;
Last Day to Trade means, in relation to a Series of Notes, 17h00 Johannesburg time on the day that is 3 JSE Scheduled Trading Days before the Record Date;
Last Day to Trade means the last business day to trade in securities, which are subject to a corporate action, in order to ensure settlement on RD and to qualify for the entitlement;