On August 14, 2019, the Board of Directors of Vndirect Securities Corporation decided to adjust its covered warrant as follows:
- Issuer: Vndirect Securities Corporation
- Warrant name: Warrant.FPT.VND.M.CA.T.2019.01
- Warrant code: CFPT1901
- Underlying security: FPT
- Warrant type: call
- Warrant style: European-style
- Duration: 3 months
- Expiration date: September 11, 2019
- Adjustment date: August 15, 2019
- Reason: FPT Corporation made the first cash dividend payment for 2019.
Old exercise price
(1)
45,000 dongs
Old conversion ratio
(2)
2:1
The unadjusted reference price of the underlying security on the ex-right date
(3)
53,200 dongs
The adjusted reference price of the underlying security on the ex-right date
(4)
52,200 dongs
New exercise price
(5)=(1)x[(4)/(3)]
44,154.1353 dongs
New conversion ratio
(6)=(2)x[(4)/(3)]
1.9624:1