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Share Purchase Plan Timeline
The following timeline provides an overview of the key events for a Share Purchase Plan.
Share Purchase Plan Process
The following steps describe the above process flow.
Announcement of Event
Announcement Date of the event to the market.
Record Date
Record Date is normally Announcement Date -1 Business day.
Offer Open Date
The date from which Participants on behalf on their Account Holders eligible to participate in the Share Purchase Plan; or existing eligible shareholders may elect to participate directly with the Issuer (Registries). For further information on Entitlement Elections, refer to Entitlement Elections Overview.
Offer Close Date
All elections and payments needs to be transmitted to the Issuer (Registry) by the cut-off time on this date.
Scaleback and Refunds Period
For further information, refer to Issuer (Registry) Initiated Corporate Action Refund Process.
Allotment Date
The Issuer (Registry) will initiate a Holding Adjustment to issue shares that are the subject of a successful application. For further information on Holding Adjustment Reasons and Holding Adjustments, refer to the Proprietary Code List (HoldingAdjustmentReason) and Holding Adjustments Overview respectively.
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