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Re: [sharechat] Advice on record date needed (Chas & Max)


From: "Osbert Sun" <osbert.sun@xtra.co.nz>
Date: Sat, 18 Mar 2000 10:57:36 +1300


Chas,

You will be entitled to dividends and other attached benefits if any (such
as options and rights issues) if you have bought shares before the closing
of business (usually at 5 pm in NZ) on the record date, regardless whether
you brokers have registered the shares into your name. But I'd suggest that
you clarify the matter with your brokers concerned.

Max,

You should qualify for dividends and other attached benefits (as mentioned
above) so long you have bought the shares on or before the record date, and
sold on or after the ex-date. There is no minimum holding period required.

Kind regards,

Osbert Sun


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