Electronic settlement for US Regulation S, Category 3 securities extended until 1 September 2015
The London Stock Exchange (the “Exchange”) has yesterday announced an extension of the 1 June 2015 deadline for the electronic settlement of Regulation S, Category 3 securities to 1 September 2015. As such, the Exchange will remove the exclusion of “Regulation S, Category 3” securities from its Rule 5025 at that time, rather than on 1 June 2015 as previously indicated.