MB Securities Joint Stock Company announces the adjustment of its covered warrant as follows:
- Issuer: MB Securities Joint Stock Company
- code of warrant: CVNM1905
- Underlying security: VNM
- Warrant type: call
- Warrant style: European-style
- Duration: 06 months
- Expiration date: April 28, 2020
- Adjustment date: December 26, 2019
- Reason: Viet Nam Dairy Products Joint Stock Company makes the second cash dividend payment for 2019.
Old exercise price
(1)
126,800 dongs
Old conversion ratio
(2)
10:1
The unadjusted reference price of the underlying security on the ex-right date
(3)
118,000 dongs
The adjusted reference price of the underlying security on the ex-right date
(4)
117,000 dongs
New exercise price
(5)=(1)x[(4)/(3)]
125,725,4237dongs
New conversion ratio
(6)=(2)x[(4)/(3)]
9.9153