Shares in electronics payment company iCash Payment System (ASX:ICP) have commenced trading on a deferred settlement basis while it conducts a share consolidation.
The shares are now being trading on a post-consolidated deferred settlement basis under the ticker code ICPDA.
Deferred trading is scheduled to continue until the consolidation is completed, and new holding statements are despatched. This is expected to occur on August 20.
Settlement of the trades conducted on a deferred settlement basis should occur on August 26.