Description
LGT Business Connextions Limited shares to be transferred from Trade for Trade segment to Rolling segment effective September 10, 2025.
Summary
LGT Business Connextions Limited (Scrip Code: 544489) will be transferred from Trade for Trade segment (MT Group) to Rolling segment (M Group) effective September 10, 2025, allowing normal rolling settlement instead of compulsory delivery.
Key Points
- Company: LGT Business Connextions Limited (Scrip Code: 544489)
- Transfer from Trade for Trade segment (MT Group) to Rolling segment (M Group)
- Effective date: Wednesday, September 10, 2025
- This follows previous notice 20250825-63 dated August 25, 2025
- SME segment company
Regulatory Changes
- Trading mechanism changes from compulsory delivery (Trade for Trade) to rolling settlement
- Company moves from MT Group to M Group classification
- Normal trading flexibility restored
Compliance Requirements
- Trading members must update their systems for the segment change
- Contact Mr. Parag Jain (022 2272 8685) for further details
- Adjust trading strategies and risk management for rolling settlement
Important Dates
- September 10, 2025: Effective date for segment transfer
- August 25, 2025: Date of previous related notice
- August 26, 2025: Current notice date
Impact Assessment
- Positive impact for investors as rolling settlement provides more trading flexibility
- Reduced settlement risk compared to compulsory delivery
- May increase liquidity and trading volumes for the stock
- Indicates improved compliance or financial standing of the company
Impact Justification
Segment transfer affects trading mechanism but is routine operational change for SME company