8.6 Trading Basis of Securities
Unless otherwise indicated, trading of securities is on a "cum" basis. A "cum" basis means that where the Issuer has declared an entitlement issue with respect to the security, such security is sold (and bought) with a right to that entitlement.
All securities that are designated by CDP as eligible for clearance will be traded on an "ex" basis for two Market Days before and up to the books closure date for an entitlement.
A buyer or seller of securities on an "ex" or "cum" basis, respectively, has no right to that entitlement.