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what happens if the sens is incorrect?

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buyme
Contributor
hi guys,what happens if a sens announcement is incorrect? if you look at paladins sens of 2 aug,they say the last day to trade to receive the curro shares is 12 aug but if you carry on reading the sens,they then say , if you are recorded in the register on 19 aug ,you qualify to receive the curro shares?
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SimonPB
Valued Contributor
not incorrect, just legalise .. becuase the JSE works on T+5 to record transactions LDT was 12 add 5 days is 19th .. So LTD remains 12th, but as no shares could be dematerialised 12-19 the share register would be same on 12 and 19 ..I know tis all greek, but date that always matters is LDT ..
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