Versions

 

TABLE 1 (CHAPTER 17) — EMERGENCY SHARE REGISTRATION ARRANGEMENTS FOR T + 2 SETTLEMENT SYSTEM

Event Ex-entitlement Day (Ex-Date) Issue/cancellation of a typhoon warning signal or “extreme conditions” Registrar Book-Close Date Closed Period for Transfer Books or Register of Members Announcements Required
Time Status Time for Accepting Shares for Registration
1 First 9 am -12 noon No. 8 Signal or above is hoisted or remains hoisted and is not lowered at or before 12 noon; or

“Extreme conditions” are announced or remain in force and are not cancelled at or before 12 noon
For each ex-date affected defer to the next business day (normal business hours) Automatically postponed by number of ex-dates affected The book-closure period may be extended in accordance with the delay to the book-close date so that the book-closure period remains the same No announcement required unless:—
(i) the payment date is also deferred, in which case an announcement of the new payment date must be made by the listed issuer; or
(ii) the book-closure period is extended,
in both cases the listed issuer must publish a notice of such changes as soon as possible.
2 Second
3 First 12 noon -3 pm No. 8 Signal or above is hoisted or remains hoisted during this period; or

“Extreme conditions” are announced or remain in force during this period
4 Second
5 First 3 pm -4 pm No. 8 Signal or above is hoisted No deferment on first ex-date No change No change No announcement required
6 Second 3 pm -4 pm No. 8 Signal or above is hoisted but lowered at or before 9 am on the next business day; or

“Extreme conditions” are announced but cancelled at or before 9 am on the next business day
Defer to 12 noon or the next business day If the original book-close date is a business day - no change. Otherwise postponed to the next business day The book-closure period may be extended in accordance with the delay to the book-close date so that the book-closure period remains the same No announcement required unless:—
(i) the payment date is also deferred, in which case an announcement of the new payment date must be made by the listed issuer; or
(ii) the book-closure period is extended,
in both cases the listed issuer must publish a notice of such changes as soon as practicable.
7 Second 3 pm -4 pm No. 8 Signal or above is hoisted but lowered after 9 am but at or before 12 noon on the next business day; or

“Extreme conditions” are announced but cancelled after 9 am but at or before 12 noon on the next business day
Defer to 5 pm on the next business day If the original book-close date book-close date is a business day - no change. Otherwise postponed to the next business day    
8 Second 3 pm -4 pm No. 8 Signal or above is hoisted but not lowered until after 12 noon on the next business day; or

“Extreme conditions” are announced but not cancelled until after 12 noon on the next business day
Defer to 12 noon on the business day following the next business day ("B day") Automatically postponed to B day
9 First At or before 12 noon No. 8 Signal is lowered or “extreme conditions” are cancelled No deferment No change No change No announcement required
10 Second At or before 12 noon No. 8 Signal is lowered or “extreme conditions” are cancelled Extension to 5 pm

NB: Where any of the above events happen on deferred ex-dates or on a postponed book-close date the relevant arrangements set out above will apply mutatis mutandis.